Monday, August 1, 2011

Bill Gates sold Microsoft shares

From early in 2011, founder of Microsoft and is one of the world's richest man Bill Gates was the second time the company's shares "offspring" money for charity.
Bill Gates has sold 5 million shares of Microsoft. The sale completed from today 07/27/2011 for $ 27.59 (~ 563,061 VND) per share, a total of USD 138 million, according to the Guardian, citing documents filed with the Securities and Exchange Commission guess America .
Well managed companies in 2008 and resigned from chief executives, but Bill Gates has served as Chairman of the Board and participate in determining the development strategy of Microsoft (which is not related to the and control the daily work). According to the Guardian, Bill Gates needs money to continue funding for the Bill and Melinda Gates (Bill & Melinda Gates Foundation), a non-commercial organization that he was one of the founders in 1994.
The Fund previously announced that 42 million were sent to a septic toilet program for the university, no sewerage system and power supply. The system will be used in countries with poor sanitary conditions. In May 1 / 2010, at the Davos forum, Gates announced that in 10 years, will spend 10 billion fund for the development of new vaccines for children in third world countries.
The father of the computer revolution continues to sell shares of Microsoft to get the money to charity.
From the time of the founding organizations of the Gates has invested $ 14.5 billion in global health system and more than $ 3 billion in economic development - a global society. The Fund is working in over 100 countries. In total the entire amount you have invested all this time had reached 24.8 billion USD.
In May 2 / 2011, Gates has sold nearly 10 million shares of Microsoft for $ 28 USD / per share. Total for one year, the founder of Microsoft Corporation, has sold more than 90 million shares of Microsoft. Although it has sold so much, Gates is still the largest individual shareholder with more than 550 million Microsoft shares, representing 7% of the total number of shares of Microsoft. According to Forbes, who own the "father of the computer revolution" is equal to 56 billion USD. The money made him the richest man in the world after the first two television giants Carlos Slim of Mexico.
The founders and leaders of the company rarely sold shares of his company. 10/2010 In May, Microsoft CEO Steve Ballmer has sold nearly 50 million shares to 1.3 billion USD. In May 1 / 2010, Google founders Larry Page and Sergei Brin have announced their intention to sell 5 million shares of Google within five years. Although leaders often explain waste considering that "investment money" on something, but the commentators did not think so. Many people think that's a bad sign for the company.

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