American billionaire bill gates gave up a 38% stake in the company Microsoft for the large donations he made from the beginning of the 21st century. According to the Federal Commission on securities, the billionaire gave to charity 64 million shares in Microsoft, the total cost of which is estimated at $ 4.6 billion, according to metronews.ru with reference to Bloomberg.
According to the Agency, with the latest donations, the share of bill gates in the company has fallen from 24% in 1996 to 1.3% at the moment. Recall that in 1999, he gave to charity $ 16 billion, and a year later another $ 5.1 billion.
- Composed of the TOP 8 richest people in the world
Note that the bill and Melinda gates Foundation is the world’s largest charitable Foundation established by Mr. and Mrs. gates. One of the members of the Board is billionaire Warren Buffett.
The main objective of the Fund is to support and improve health care and overcoming hunger in poor countries. The Fund was headed to the programme for the prevention and treatment of HIV/AIDS and tuberculosis, malaria, projects for the immunization of children in India and Africa, including in the framework of the GAVI Alliance, and other initiatives.
Bill gates founded the company Microsoft, specializing in software, in 1975 together with Paul Allen. In 2008, the billionaire refused the post of head of the Corporation, and in 2014 left its Board of Directors.