Bill Gates, who was once the richest person in the world, is now the ninth richest individual with an estimated net worth of $132.2 billion (Rs 13219.9 crore). According to the latest 13F filing for the Bill & Melinda Gates Foundation Trust, his investment portfolio generates an impressive $476,619,848.15 in annual dividend income, which averages to $1,305,807.80 (Rs 10.90 crore) daily.
Regardless of stock market fluctuations, Gates is poised to earn nearly half a billion dollars in dividends over the next year. Remarkably, over 70% of the stocks in Gates’ portfolio (17 out of 24) pay dividends, highlighting his preference for income-producing investments.
The Canadian National Railway, Microsoft and Waste Management are the three companies contributing the most to Gates’ dividend income. Other high-yielding holdings of Gates include Crown Castle, Kraft Heinz and United Parcel Service, among others.
Gates holds 54,826,786 shares of Canadian National Railway Company valued at $6,655,423,552.54. The company pays a quarterly dividend, with the latest payment being $0.6271 per share.
Microsoft
Gates owns 36,499,597 shares of Microsoft Corporation worth $16,137,931,817.58, despite reducing his stake by approximately 4.5% earlier this year.
Gates also owns 35,234,344 shares of Waste Management currently valued at $7,015,510,233.84.
Bill Gates’ impressive dividend income relies on these companies maintaining and growing their dividend payouts over time.
