Gates is no longer the biggest shareholder in Microsoft and will be shorting shares in 4 years
Source: Internet
Author: User
KeywordsMicrosoft shares shareholders Gates
Sina Science and technology news Beijing time of May 3, the past few years, Microsoft's former CEO, chairman and co-founder Bill Gates, according to the planned quarterly sales of 20 million shares in Microsoft. In line with the sale, he will soon no longer hold Microsoft shares directly. In 1975, Gates and Allen (Paul Allen) co-founded Microsoft. However, in the next 4 years, Mr Gates will no longer have a direct stake in Microsoft, according to a previously announced sales plan. This week gates again sold shares. After the sale, Gates is no longer the biggest individual shareholder of Microsoft, and Microsoft's former CEO Ballmer (Steve Ballmer) has more holdings than gates. Ballmer retired this February, but still owns Microsoft shares. After this week's sale, Gates held more than 330 million shares in Microsoft and Ballmer's stake in more than 333 million shares, according to Microsoft's Friday filing with the Securities and Exchange Commission (SEC). As a result, both gates and Ballmer hold about 4% of Microsoft's total tradable shares. Investment companies The Vanguard group, State Street Global Advisors and the company's Barclays Holdings are slightly larger. The gates and Microsoft speakers declined to comment. In the 1986 Microsoft IPO, Gates owned 49% of Microsoft's shares, making him a billionaire. With Microsoft's explosive development, he soon became the world's richest man. According to Forbes, Gates ' current wealth is about 77 billion dollars. In 2000, Gates handed over Microsoft CEO to Mr. Ballmer and resigned as chairman in February this year. He is still a member of the Microsoft board and will spend 1/3 of his time as a technical advisor to Microsoft's new CEO, Seia Nadra (Satya Nadella). For the past 6 years, Gates has focused on the philanthropy of the Bill and Melinda Melinda Foundation, which is largely funded by Gates ' wealth from Microsoft. (D-Gold)
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