Bill Gates just gave £3600000000 to charity

Bill Gates donates $4.6 billion worth of Microsoft stock to his foundation

In 2000, the businessman who co-founded Microsoft in 1975, gave away more than $20 billion worth of shares, according to Bloomberg calculations.

Gates' friend and fellow billionaire Warren Buffett last month also made a $3.2 billion donation to the Gates foundation.

Microsoft Corporation shares were trading at $73.27 per share on Tuesday morning, down $0.32 (-0.43%). Although the details of the direct recipient of the donation have not been revealed, reports claim that a huge chunk of the shares have gone the Bill & Melinda Gates Foundation.

Mr Gates and his wife have donated $35bn since 1994. The June gift represents 38pc of his holdings in the company and is the latest in a long line of Microsoft share disposals that have whittled his stake down from 24pc in 1996 to 1.3pc today. They donated $16bn worth of Microsoft shares in 1999 and followed it up with another $5.1bn a year later.




Bill Gates, the richest person in the world, is giving away more of his staggering wealth. His donation once again puts Amazon.com Inc. founder Jeff Bezos close to the top spot, with a net worth of US$84.5 billion. That was the year Gates stepped down as Microsoft CEO, handing over the reins to the controversial Steve Ballmer.

Mr Gates has probably directed more than 700 million shares of Microsoft into the foundation, adjusting for stock splits.

Bill Gates is now the world's richest man, although last month he was briefly knocked off the top spot by Amazon's founder and CEO Jeff Bezos for a couple of hours after a brief surge in Amazon's share price.

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