Good enough for Bill.... good enough for me! Bill Gates, the 9th richest person in the world with an estimated net worth of $132.2 billion, has mastered the art of dividend investing. His portfolio, based on the latest 13F filing for the Bill & Melinda Gates Foundation Trust, is generating a staggering $476,619,848.15 in annual dividend income. This translates to an average of $1,305,807.80 per day.
Regardless of stock price fluctuations over the next year, Gates is set to earn nearly half a billion dollars in dividends. This highlights the importance of focusing on income generation rather than solely relying on capital appreciation. Notably, over 70% of the stocks in Gates’ portfolio (17 out of 24) pay dividends, underlining his preference for income-producing assets.