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Bill Gates Just Sold 20 Million More Microsoft Shares

report reveals, citing documents published by the United States Securities and Exchange Commission. How much are these now worth, you may ask? Oh, some $12.9 billion, give or take. This most recent transaction fetched Gates prices in the range of $43.45 to $44.54 a piece, netting him no less than $882 million in cash. Forbes currently places him as the second richest man in the world with a net worth to the tune of $79.2 billion — just a hair shy of Carlos Slim with $79.5 billion. Gates is in second place, again, in the world of Microsoft, behind former CEO Steve Ballmer. Ballmer, who has made it clear that he has no intention of selling his (approximately) 4 percent stake in the company, currently holds a total of 333 million Microsoft shares, making him the largest individual owner of Redmond stock.]]>

Written by Hamid Khan

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