“When asked what the stock market will do: It will fluctuate”.
– JP Morgan
As JP Morgan said, there are lots of fluctuations in the stock market in recent times. Tycoons are gaining and losing millions of dollars in a matter of minutes. Stock market fluctuations made world’s richest man Bill Gates to lose his No.1 spot to Amancio Ortega (Zara founder) and regain it back in just 10 minutes.
Our focus is to bring you the investments made by world’s leading billionaires and the importance of investing your linear income.
“Invest your linear income so you can earn exponential income”.
– BO Sanchez
1. Bill Gates
Bill Gates owned 49% of Microsoft during initial public offerings in 1986. But now he only owns only 4% of Microsoft stock valued $11 billion. It is predicted that by mid of 2018, he will not have direct ownership with the company in terms of stakes. Bill Gates has sold 80 million shares annually for past 13 years. With the money he got from sales he donated Bill & Melinda Gates foundation and invested in old-line industries.
CASCADE INVESTMENT LLC.
Gates founded Cascade Investment a limited liability company in 1994. Cascade Investment is a diversified American holding and investment company which is the personal portfolio of Bill Gates. Its investments include Coca Cola (20% Stake), Berkshire Hathaway (6.1 million shares for $7 billion), Four Seasons Hotels and Resorts (47.5% stake), Microsoft Corporation, Canadian National Railway (12% Stake), Republic Services Inc. – US waste management(20-29% Stake), $28B in Televisa etc.. More than 50% of Gates fortunes are held outside his Microsoft shares.
2. Amancio Ortega
Amancio Ortega, a Spanish retail giant started his first Zara store in 1975. He holds roughly $70 billion of his $78 billion fortune in Inditex, a parent company to Zara, Bershka, Oysho, Massiomo Dutti, Stradivarius and Pull & Bear. The company went to public in 2001 and by 2015 Ortega took the title of world’s richest man for the first time.
Ortega also has his investments in real estate that includes landmarks in famous cities like London, Paris, New York, Madrid and Berlin as well as in Miami luxury accommodations.
3. Warren Buffett
Warren Buffett, one of the world’s well known legendary investor bought his first share when he was 11 years old. Buffett ranked consistently among the world’s wealthiest people, and he became the world’s richest person for the first time in 2008. He is the Chairman, President & CEO of Berkshire Hathaway, one of the world’s leading public companies which owns GEICO, BNSF, Lubrizol, Dairy Queen, Flight safety international, Herzberg Diamonds, Fruit of the loom, Net Jets and 26% of Kraft Heinz Company.
Buffett being the largest shareholder of Berkshire Hathaway, files the annual growth of 19.7% to its shareholders consistently for past 49 years. Buffett has his investments in Kraft Heinz Co (22.1% stake), Wells Fargo & Co (17. 50%), Coca Cola & Co (13.97% stake), IBM (9.50% Stake), American Express (7.10% stake), Phillips 66 (4.81% stake), Walmart Stores Inc. (2.26% stake), Apple Inc. (1.12% stake).
4. Jeff Bezos
Jeff Bezos is the Founder, Chairman & CEO of world’s largest online retailer, Amazon.com. He has played a key role in the growth of e-commerce industry. Though Bezos holds majority shares of Amazon.com, he has his investments managed through Bezos expeditions. Notably Bezos is one of the early investors of successful companies like Google, Twitter, AirBnB, Uber etc…
Bezos expeditions has major investments in Stack Overflow (more than $40 million), Business Insider (more than $50 million), Twitter (more than $5 million), AirBnb (more than $112 million), Uber (more than $35 million).
Bezos also has investments in real estate holding that includes 165,000 acre-corn ranch that is used for the base operations of his aerospace company, Blue Origin.
5. Carlos Slim Helu
Carlos Slim Helu, a Mexican business tycoon is the chairman and CEO of telecommunication companies such as Telmex and America Movil which accounted for around $50 billion of his total wealth. He was the initial investors of telmex. He acquired maximum interest in the Mexican arms of British American Tobacco and The Hershey Company.
Grupo Carso is a holding company owned by Carlos Slim which engages in retail, industrial and construction business. It is named after Carlos Slim and his late wife Soumaya Domit de Slim. As of 2016, Grupo Carso has a market capital of over $10.5 billion that holds Inmuebles Carso – Real estate company, Minera Frisco – gold, silver, copper, zinc mining company, Sears(México) – Department store chain, CompUSA – retailer and reseller of consumer electronics, Grupo Sanborns – restaurant, retail, pharmacy and department store chain
He took a 6.4% stake of New York Times Company valued around ($27 million); by increasing stock to 16.8% he holds 15.9 million shares and became the largest shareholder in the company. He also own two soccer teams of Mexican through his telecommunication America movil.
Slim took over the control of Telekom Austria which is the biggest phone carrier of Austria having telcos in countries such as Bulgaria, Croatia and Belarus. It was the first successful acquisition of slim in Europe.