Bill Gates might have ended up richer than Elon Musk and Jeff Bezos combined by hanging onto Microsoft rather than selling.
Gates had the equivalent of 2.06 billion shares in September 1998, when the software maker first became the world’s most valuable company, according to data compiled by Bloomberg.
Microsoft took back the top ranking from Apple on 29 October.
Gates’s 1998 holding would have been valued on Friday at about US$693-billion (R10.3-trillion at the time of writing), topping Musk’s net worth of $340.4-billion and Bezos’s net worth of $200.3-billion.
He sold the vast majority of his Microsoft stock before leaving the board in 2020. — Reported by David Wilson, (c) 2021 Bloomberg LP