Bill Gates’ foundation bought shares in JSE-listed company

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In the second quarter of 2023, the Bill & Melinda Gates Foundation Trust saw the value of its share portfolio increase to a record $42.06 billion.

In the second quarter of 2023, the Bill & Melinda Gates Foundation Trust saw the value of its share portfolio increase to a record $42.06 billion as it added to its stake in Warren Buffett-owned Berkshire Hathaway and bought JSE-listed Anheuser-Busch InBev.

In 2006, the foundation’s trustees established a two-entity structure that separated the program work from the investment of the foundation’s assets. The foundation started selling its Berkshire Hathaway shares in Q3 2022, when it reduced its stake by 14.41%.

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