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  • If you ask anyone who is the richest person in the world?

  • Everyone will point at Jeff Bezos, but the truth is if you take a look at their investment

  • portfolios, bill gates is still significantly wealthier than Bezos.

  • And that is not going to change anytime soon.

  • Bill gates will remain the richest man in the world.

  • Before you throw at me your angry comments, hear me.

  • Gates first joined the Forbes billionaire list in 1987 when he was just 32 years old.

  • But he wasn't going to stay there for long; in the next few years, he climbed to the top

  • of the list, and in 1995 he became the world's wealthiest person.

  • And he held that title until 2017, except 4 of these years when warren Buffett and Carlos

  • Slim exceeded him.

  • Most people think that Gates's wealth comes from Microsoft, which is not true.

  • Yes, he founded the company with Paul Allen and was the CEO, but in 2000, he left his

  • position and handed his job to Steve Ballmer at the peak of the dot com bubble.

  • As a smart investor, gates knew that he couldn't keep all of his eggs in one basket and has

  • to diversify even though Mircorost turned out to be way more valuable than anyone could

  • have imagined back then.

  • So Before the dot com bubble burst, Gates sold most of his Microsoft stocks.

  • It seems like he was predicting the crash as some of the other entrepreneurs back then

  • like Mark Cuban.

  • Today he owns only 1.3 percent of the company and is still the largest individual investor.

  • That tiny percentage equals to almost 20 billion dollars.

  • But wait for a second, isn't bill gates worth over 105 billion dollars?

  • Yes, and that's what makes him different from his fellow tech billionaires.

  • To find out why Bill Gates is still the richest person in the world, we have to take a deep

  • look into his investing portfolio.

  • One of His biggest and best position is in Berkshire Hathaway.

  • He owns at least 54 million shares of the company, which amount to around 11.2 billion

  • dollars.

  • Berkshire Hathaway is unlike any other company.

  • It's a holding company that invests in multiple different companies such as Apple, Bank of

  • America, IBM, General Motors, Goldman Sachs, and owns entire other companies like Geico

  • or Duracell.

  • These companies are not from one particular industry, so if one of them goes down, others

  • would probably compensate.

  • And remember that these companies weren't randomly picked but by the greatest investor

  • of our time, Warren Buffett, since he manages Berkshire Hathaway.

  • Gates also own 18.6 million shares of Waste Management, Inc, which amounts to around 2

  • billion dollars.

  • The company dates back to 1968 and offers environmental services to nearly 21 million

  • residential, industrial, municipal, and commercial customers in the United States, Canada, and

  • Puerto Rico.

  • With 26,000 collection and transfer vehicles, the company has the largest trucking fleet

  • in the waste industry.

  • Over the last five years, the stock price grew by 113 percent.

  • That's really a lot considering that it also paid a 2 percent dividend throughout these

  • years.

  • It makes it one of the best investments one can make, and since it provides essential

  • services, it's a safe long term investment.

  • Gates is also an investor in the Canadian National Railway Company.

  • He owns 17.1 million shares with a market value of around $2 billion.

  • It's Canada's largest railway, in terms of both revenue and the physical size of its

  • rail network, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast

  • in British Columbia across about 20,400 route miles (32,831 km).

  • It's a public company that employs 24K people, and as of October 2020, it has a market cap

  • of approximately CA$104 billion.

  • And surprisingly, the company handled the current crises pretty well.

  • the stock plummeted because of the pandemic back in march.

  • But The company quickly regained its position and is now 30 percent higher than its pre-pandemic

  • level.

  • Bill gates love dividend stocks, and the Canadian National Railway is such a company with a

  • dividend yield of 1.7 percent.

  • Gates also holds 1.5 billion dollars worth of Caterpillar Inc. it designs, develops,

  • engineers, manufactures, markets, and sells machinery, engines, financial products, and

  • insurance to customers via a worldwide dealer network.

  • It is the world's largest construction equipment manufacturer.

  • It's traded in the new york stock exchange at over 90 billion dollar market cap.

  • I think by now you get the picture.

  • Bill Gates has invested in a wide variety of safe, stable, and prominent companies to

  • keep his wealth increasing year after year.

  • He also holds 1.5 billion dollars of Walmart stocks and many other companies.

  • It makes him immune to crises and volatility and lets his wealth keep growing exponentially

  • in the long run.

  • So even if Microsoft goes bankrupt tomorrow or the US economy falls into a long-lasting

  • depression, gates investments are all over the world, which makes him safe from any turmoil.

  • That's why he has been the richest man in the world for 18 years.

  • You also have to take into account that Gates has donated around 30 billion dollars to different

  • causes, from fighting malaria to solving sanitation problems in Africa to investing billions into

  • companies that are working on a vaccine for covid-19.

  • If you take a look at his fellow billionaire Jeff Bezos, things are different.

  • Of course, he is significantly wealthier with 185 billion dollars, but most of his wealth

  • is tied to Amazon.

  • So if amazon falls for one reason or another, his wealth will follow up, but Bezos is smart,

  • and he perfectly understands that.

  • That's why he is slowly selling his stake at amazon and investing them in different

  • companies and industries.

  • In 2019, he sold 2.8 billion dollars worth of Amazon stock.

  • This year so far, he has sold 7.2 billion dollars.

  • And that's not by accident.

  • The pandemic pushed many investors to invest heavily in the stock market since tech companies

  • proved to be immune to the crises.

  • Especially when the fed stepped in and injected hundreds of billions of dollars into the market,

  • which pushed technology stocks, including Amazon, to skyrocket.

  • It's difficult to predict the future of amazon because the stock market is overvalued but

  • at the same time, Amazon is going to play a vital role in distributing the vaccine since

  • it has been building its delivery fleet for over two decades.

  • Bezos has invested a huge chunk of his cash into Blue Origin.

  • An aerospace manufacturer that's trying to build reusable rockets to make space exploration

  • more affordable.

  • The company has made good progress.

  • Bezos pledged to invest a billion-dollar into this company every year.

  • It's difficult to find an exact valuation of this company since it's a private company,

  • but it probably worth billions.

  • However, we will be able to know the exact number if the company decides to go public.

  • Bezos also purchased the Washington Post for 250 million dollars and held a 3 percent stake

  • in the popular business news website Business Insider.

  • Having a few media companies can give you some positive press.

  • He also invested in multiple other companies like Zocdoc or Nextdoor, platforms that connect

  • people.

  • He has also invested 112 million dollars in Airbnb and 37 million dollars in uber, so

  • if one day uber becomes profitable, Bezos is going to take a portion of that.

  • He is also a big believer in the cloud business, so he has invested in companies such as Workday

  • Inc.

  • He is also a real estate investor.

  • His 165,000-acre Corn Ranch in Texas was acquired as the base of operations for his aerospace

  • company, Blue Origin, and serves as the test site for the vertical-landing manned suborbital

  • New Shepard rocket.

  • Besides that, he owns houses across the country from Beverly Hills to a 10,000-square-foot

  • apartment in the Century Tower in Manhattan that he has paid over 8 million dollars.

  • He also has a house in Washington DC, where he spent 28 million dollars.

  • His neighbors are the Obamas.

  • In Short, Bezos is rich, but over 95 percent of his wealth comes from amazon.

  • Over the next decade, Bezos will keep selling billions of dollars worth of his amazon stocks

  • and invest in a wide variety of industries exactly as gates did.

  • If gates didn't sell his Microsoft stake, he would worth a lot more since, in 1986,

  • when Microsoft went public, Gates owned 49 percent of the company.

  • Of course, after 9 stock splits, his share would have been diluted anyways, but regardless,

  • he would own a significant chunk of Microsoft and since Microsoft is valued 1.6 trillion

  • dollars, he would be as wealthy if not wealthier than bezos.

  • The future is unpredictable, and it's far better to have a well-diversified portfolio

  • than having all of your wealth tied to one company.

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  • Thanks for watching and until next time.

If you ask anyone who is the richest person in the world?

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