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Mangeet Kaur Bouns

Bill Gates Adding to Ecolab Position, but 3 of His Holdings Are Better Buys

Bill Gates WM EcoLab WMT ECL KOF Walmart Foundation Gates Foundation Mangeet Kaur BounsMangeet

William Henry Gates III, widely known as Bill Gates, is one of the world's most influential and wealthiest people, with an estimated net worth of $129 billion as of June 2022. He is the co-founder and former CEO of software giant Microsoft Corporation (MSFT). He focuses mainly on philanthropy through his private charitable foundation, the Bill & Melinda Gates Foundation.

Bill Gates’ investment chief, Michael Larson, overseas family office Cascade Investment Group. And this asset management firm manages Gates’ Foundation and wealth. Based on the recent 13F filing, Bill & Melinda has a vast investment portfolio of more than $19 billion. The Gates Foundation owns several highly profitable companies with sustainable competitive advantages.

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