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.
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