Bill Gates Became $2 Billion Richer Today
The fourth richest man in the world had a banner day on Wall Street as Microsoft’s shares surged.
How’s this for passive income? Bill Gates, who is already , raked in $2 billion today just for watching Microsoft’s stock soar 7.2% in a Wednesday rally.
reports that Gates had a banner day on Wall Street, as Microsoft’s shares increased by $19.95 to $295.37, the company’s largest single-day gain in 52 weeks. Gates is Microsoft’s largest investor, owning around 103 million shares, which adds up to a little over 1% of the company. Not too shabby — considering Microsoft has a market cap of $2.2 trillion.
Financial analysts said Microsoft benefited today from better-than-average quarterly earnings. Wall Street is also .
Today’s news was not only good for Gates but for investors in general, as Wall Street rallied from its worst day in a month.
Still, Gates will need quite a few more days like this before he even gets close to the world’s richest man Bernard Arnault, who is worth over $200 billion.
How’s this for passive income? Bill Gates, who is already , raked in $2 billion today just for watching Microsoft’s stock soar 7.2% in a Wednesday rally.
reports that Gates had a banner day on Wall Street, as Microsoft’s shares increased by $19.95 to $295.37, the company’s largest single-day gain in 52 weeks. Gates is Microsoft’s largest investor, owning around 103 million shares, which adds up to a little over 1% of the company. Not too shabby — considering Microsoft has a market cap of $2.2 trillion.
Financial analysts said Microsoft benefited today from better-than-average quarterly earnings. Wall Street is also .
Today’s news was not only good for Gates but for investors in general, as Wall Street rallied from its worst day in a month.
Still, Gates will need quite a few more days like this before he even gets close to the world’s richest man Bernard Arnault, who is worth over $200 billion.
