Bill Gates might not own any microsoft stock in four years

Bill Gates might not own any microsoft stock in four years

MK254

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Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he co-founded by mid-2018 if he keeps up his recent share sales. Gates, who started the company that revolutionized personal computing with school-friend Paul Allen in 1975, has sold 20 million shares each quarter for most of the last dozen years under a pre-set trading plan.


Assuming no change to that pattern, Gates will have no direct ownership of Microsoft shares at all four years from now. With his latest sales this week, Gates was finally eclipsed as Microsoft's largest individual shareholder by the company's other former CEO, Steve Ballmer, who retired in February, but has held on to his stock.
Read more at: Standard Digital News - Kenya : Bill Gates might not own any microsoft stock in four years
 
by the way these kind of shares in Millions sum seems to be preference share not common stock which by no way has no any direct impact on his voting power or holding.
 
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