Berkshire Hathaway stock has gained over 66% from May 10, 2020, to May 5, 2021, justifying Gates’ decision to trust it.
Bill’s foundation has invested 10% of its funds, $2.6 billion, into Houston-headquartered Waste Management. The stock has gained over 40% in the last 12 months.
This one of the largest equipment companies in the world. Its products are in heavy demand in construction, mining, transportation, and energy. The stock has gained over 111% in the last 12 months.
CNR is the one Canadian stock that both the Gates Foundation and Berkshire Hathaway own. The company’s railway network covers 19,500 route miles across Canada and the US. The Gates Foundation has invested $1.9 billion into this company. The stock has moved up over 34% in the last 12 months.
Walmart is the world’s top retailer and the fifth largest receipt of the Gates Foundation’s investment at $1.6 billion. The company has increased its dividend payout for the 48th consecutive year and is exploring new business opportunities as well. Walmart stock has gained 11% in the last 12 months.