Cascade Investment
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| Type | Limited liability company |
|---|---|
| Industry | Investments |
| Founded | 1995 |
| Founder(s) | Bill Gates |
| Headquarters | Kirkland, Washington, U.S. |
| Key people | Bill Gates (Chairman & CEO) Michael Larson (Business Manager) |
Cascade Investment, L.L.C. is an American investment company headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates.
It has been claimed that more than half of Gates' fortune is held in assets outside his holding of Microsoft shares,[1] probably through Cascade Investment only. Cascade is the successor company to Dominion Income Management, the former investment vehicle for Gates' holdings, which was managed by longtime friend Andy Evans.
[edit] List of investments and companies
Investment does not necessarily indicate ownership.
The company describes itself as a diversified investment company. Its investments include:
- AutoNation
- Berkshire Hathaway
- Canadian National Railway10.04% [2]
- Carpetright
- John Deere New purchase - about 6 percent as of 8/24/2011 Now largest shareholder
- Dante O Giovanni Corporation
- Coca Cola Femsa SAB de CV - 20% stake[3][4]
- Cox Communications
- Microsoft Corporation
- FEMSA (Mexican brewer) - $364 million (Dec. 2007) - 1.2 percent of FEMSA capital through "B" shares.[5] Cascade might thus own 10.81 million of Femsa's New York-traded American Depositary Shares, about 3 percent of Femsa, the world's second largest Coke bottler and Mexico's second-largest brewer.[6]
- Four Seasons Hotels and Resorts - 42.5 percent
- ICOS
- Newport News Shipbuilding
- OANDA Corporation[7]
- Otter Tail Power Company
- Pan American Silver Corporation
- Republic Services, Inc - U.S. waste management - 20% estimated[8]
- Sapphire Energy[9]
- Schnitzer Steel Industries
- Scient
- Televisa [10]
- Wisconsin Central Transportation
[edit] References
- ^ http://www.forbes.com/2008/03/05/buffett-worlds-richest-cx_mm_0229buffetrichest.html
- ^ http://www.theglobeandmail.com/globe-investor/bill-gates-largest-shareholder-in-canadian-national/article1997052/
- ^ http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKN0149064920080801
- ^ http://www.tradingmarkets.com/.site/news/Stock%20News/1799953/
- ^ http://www.newsmax.com/money/gates_FEMSA_invests/2007/12/20/58821.html
- ^ http://www.reuters.com/article/ousiv/idUSN2021965120071221
- ^ http://www.oanda.com/corp/news/pr/100_million_investment
- ^ Reuters: "Gates investment arm trashes Waste Management bid"
- ^ http://news.cnet.com/8301-11128_3-10043996-54.html
- ^ http://alt1040.com/2009/05/bill-gates-aumenta-su-participacion-accionaria-en-televisa
