I'm curious to know, could you clarify which railroad Bill Gates owns? As an avid follower of both technology and finance, I'm intrigued by the intersection of these two industries. It's not commonly known that Bill Gates, the co-founder of Microsoft, has invested in the transportation sector, specifically railroads. So, I'm wondering if you could provide some insight into this matter. Is there a particular railroad company that he owns or has a significant stake in?
6 answers
Caterina
Sun Sep 22 2024
Bill Gates, the renowned entrepreneur and philanthropist, has made a significant investment in the Canadian National Railway (CNR) by acquiring 54.8 million shares, valued at an astonishing $6.55 billion.
RainbowlitDelight
Sat Sep 21 2024
This acquisition represents a substantial portion of Gates' equity portfolio, accounting for 14.25% of his total holdings, positioning it as his fourth-largest investment.
Riccardo
Sat Sep 21 2024
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Martina
Sat Sep 21 2024
With this purchase, Gates now owns 8.66% of the outstanding shares of CNR, marking a significant presence in the company's ownership structure.
Raffaele
Sat Sep 21 2024
The decision to invest in CNR underscores Gates' keen eye for identifying profitable ventures and his confidence in the railway's potential for growth and profitability.