Cascade Investment, L.L.C. is an American investment company headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed on a full-time basis by Michael Larson, a well respected, successful value investor.
Nearly every day the stock exchange has been open for 20+ years, Bill Gates has sold off as much Microsoft stock as he can without lowering the price of the shares, paid the taxes, and transferred the proce...
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Cascade Investment, L.L.C. is an American investment company headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed on a full-time basis by Michael Larson, a well respected, successful value investor.
Nearly every day the stock exchange has been open for 20+ years, Bill Gates has sold off as much Microsoft stock as he can without lowering the price of the shares, paid the taxes, and transferred the proceeds to this holding company. It has been claimed that more than half of Gates' fortune is held in assets outside his holding of Microsoft shares, probably through Cascade Investment only.
Cascade is the successor company to Dominion Income Management, the former investment vehicle for Gates' holdings, which was managed by longtime friend Andy Evans.
Investment does not necessarily indicate ownership.
The company describes itself as a diversified investment company. Its investments include:
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