Bill Gates has probably directed more than 700 million shares of Microsoft into the foundation, adjusting for stock splits. While the recipient of the gift wasn’t specified, Gates has made the majority of his donations to the Bill & Melinda Gates Foundation, the charity he and his wife use to direct their philanthropic efforts. It’s the largest gift of Microsoft shares that Gates has made since 2000. The 61-year-old gave away $16 billion worth of Microsoft shares in 1999 and $5.1 billion a year later, according to calculations by Bloomberg. Gates has probably directed more than 700 million shares of Microsoft into the foundation, adjusting for stock splits.

Source: Mint August 15, 2017 03:33 UTC