Billionaire Bill Gates Is Betting $7.1 Billion on This 1 Famous Stock
As one of the richest people in the world, it can pay to track Bill Gates' portfolio. The biggest position currently in the Bill Melinda Gates Foundation Trust is, unsurprisingly, , representing a stake worth roughly $14 billion.
His second-largest position, however, worth around $7.1 billion, is a much different kind of business. It's a diversified holding company, one most investors are likely familiar with.
The second-largest position in Bill Gates's trust portfolio is none other than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the holding company founded by Warren Buffett. This shouldn't be surprising to anyone who has followed their long-term friendship. The two have been friends for over three decades. Over that time, they've shared a lot of wisdom with each other.
Source Fool.com