Bill Gates is the richest man in the world. The Bill & Melinda Gates Foundation has a massive $18.5 billion endowment.
That kind of wealth is something the vast majority of us can only dream of. However, there is one similarity between the everyday investor and the wealthiest person on the planet: We’re all looking for good stocks to buy and hold for the long-term.
Bill Gates is a personal friend of Warren Buffett, so it’s no surprise to see the Bill & Melinda Gates Foundation take a similar approach to investing as the Oracle of Omaha.
The Bill & Melinda Gates Foundation owns several highly profitable companies, with sustainable competitive advantages. Many of the stocks also pay dividends to shareholders, and grow their dividend payouts over time.
Without further ado, here are the top 16 stocks held by the Bill & Melinda Gates Foundation.