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Bill Gates now owns less of Microsoft than former CEO Steve Ballmer

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.

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timesofindia.indiatimes.com
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GamesnTechHead2459d ago

Interesting that this is going to be the case, at least he is spending the money on important things!