The Bill & Melinda Gates Foundation (BMGF) has been a major player in global philanthropy, distributing over $77 billion in grants since its establishment.
Funded by the BMGF Trust, which held assets totaling $48 billion as of June 2024, the foundation’s investments are heavily weighted in Microsoft (33%) and Berkshire Hathaway (21%). These strategic investments have allowed the trust to outperform the S&P 500 by 10 percentage points over the last three years, underscoring Bill Gates’ confidence in these companies.
Microsoft, the leading global software provider, excels in business productivity and cloud computing. Its Azure cloud platform is expected to rival Amazon Web Services (AWS) by 2027.
Despite recent challenges including market share declines and a weaker fourth-quarter performance, experts remain hopeful about Microsoft’s prospects, although the stock is currently viewed as pricey.
Berkshire Hathaway, under the leadership of Warren Buffett, is a major diversified holding company with a strong foothold in the insurance sector. The company’s prudent investment strategies and substantial portfolio are projected to drive a 17% annual increase in operating income through 2027. Berkshire is considered a solid defensive investment, particularly beneficial during economic downturns.
Investors might need to be wary of Microsoft’s current high valuation but could find Berkshire Hathaway appealing for its consistent growth and defensive attributes.
On September 18, during an interview at Token2049, Alex Svanevik, CEO of blockchain analytics firm Nansen, shared his insights on the potential impact of the 2024 U.S. presidential election on the cryptocurrency landscape.
Donald Trump and his sons launched their DeFi project, World Liberty Financial (WLFI), during a lengthy X Spaces session on Monday, but the event fell short of expectations.
The Swiss Stock Exchange, SIX, is setting its sights on the digital asset market by establishing a foothold in Europe for cryptocurrency trading.
Cryptocurrency exchange Bitget and Foresight Ventures have announced a significant $30 million investment in The Open Network (TON) blockchain.