Billionaire Bill Gates Has More Than 50% of His Trust Invested in 2 Brilliant Stocks

The Bill & Melinda Gates Foundation (BMGF) engages in various philanthropic activities around the world, and the organization had issued grant payments totaling $78 billion as of December 2023. That charitable giving is made possible by the BMGF Trust, which invests the foundation's endowment.Importantly, the BMGF Trust returned 11.4% annually during the three-year period that ended in June 2024. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) returned 10% annually during the same period, including dividends. That outperformance makes the BMGF Trust a good case study for individual investors.As of June 2024, the BMGF Trust had $48 billion spread across 23 positions, but 54% of the funds were concentrated in just two stocks: 33% were allocated to Microsoft (NASDAQ: MSFT) and 21% were invested in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Both stocks were brilliant investments over the last three years in that they handily outperformed the S&P 500.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool