Tuesday 11 November 2014

Bill Gates got rid of Microsoft shares for $ 925 million

Bill Gates got rid of Microsoft shares for $ 925 million
 
 
According to the Commission on Securities and Exchange Commission (USA), former director general and head of the board of directors of Microsoft sold another stake in the corporation for $ 925 million. It is noted that due to the increase in share prices of the software giant Bill Gates has not diminished his fortune - on the contrary, it increased.

Currently, Bill Gates owns 278 million shares worth $ 13.6 billion. In August, when Gates held a similar deal in his possession had 298 million shares at a total cost of $ 12.9 billion, reports Computerworld.

Businessman on for about 10 years, every year from 80 million shares of Microsoft. The funds are used to finance the project from the Bill and Melinda Gates Foundation, the largest charitable foundation in the world. If the rate at which Gates sells shares to continue, securities Microsoft had not already left by 2018.

Since April 2014 the title of the largest shareholder of the corporation has Steve Ballmer (333 million shares for $ 16.3 billion). Unlike Gates, Ballmer did not intend to sell shares of Microsoft, as he said in an August letter, current CEO of the corporation Satya Nadella.

0 comments:

Post a Comment