Cascade Investment

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Cascade Investment, L.L.C.
Private
IndustryInvestments
Conglomerate
Founded1995; 24 years ago (1995)
FounderBill Gates
Headquarters,
Key people
Bill Gates (Chairman)
Michael Larson (CIO)
OwnerBill Gates
Number of employees
100
SubsidiariesFront Range Investment Holdings

Cascade Investment, L.L.C. is an American holding and investment company headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed by Michael Larson.[1] More than half of Gates' fortune is held in assets outside his holding of Microsoft shares.[2] Cascade is the successor company to Dominion Income Management, the former investment vehicle for Gates' holdings, which was managed by Andrew Evans.[3]

Notable investments[edit]

Company Ticker Sector Ownership %
Four Seasons Hotels and Resorts Private Hospitality 47%[4][5]
Ecolab NYSEECL Conglomerate 25%[6]
Canadian National Railway Rail transport 10%[7]
FEMSA BMVFEMSA Beverage and Retail [4]
Berkshire Hathaway Conglomerate 4%[4]
Strategic Hotels & Resorts Private Hospitality 9.8%[8][4]
Republic Services NYSERSG Waste management 30.9%[9]
John Deere NYSEDE Heavy equipment [4]
Bunzl LSEBNZL Distribution and Outsourcing 6%[4]
Carpetright LSECPR Retail 3%[4]
Diageo Beverages [4]
AutoNation NYSEAN Car dealership 14%[1]
Microsoft NASDAQMSFT Software and Hardware conglomerate 3.6%[1]
Beyond Meat Private Food [1][10]
Ritz-Carlton in San Francisco Private Hospitality [11]
TerraPower Private Nuclear power [1]

See also[edit]

References[edit]

  1. ^ a b c d e Das, Anupreeta; Karmin, Craig (2014-09-19). "This Man's Job: Make Bill Gates Richer". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-02-07.
  2. ^ Miller, Matthew. "Gates No Longer World's Richest Man". Forbes.com. Retrieved 2012-11-01.
  3. ^ Torres, Craig. "Convicted Felons Handle Gates Fortune". nwsource.com. Retrieved 2014-09-14.
  4. ^ a b c d e f g h "Cascade Investment, Bill Gates' wealth manager". Financial Times. 2015-10-21. Retrieved 2018-02-07.
  5. ^ "Four Seasons Hotels agrees to bid from Gates and Alwaleed - Business - International Herald Tribune". The New York Times. 2007-02-12. ISSN 0362-4331. Retrieved 2018-02-07.
  6. ^ Stych, Ed (2012-05-07). "Bill Gates' stake in Ecolab could get bigger". Minneapolis/St. Paul Business Journal. Retrieved 2018-02-07.
  7. ^ "Bill Gates now biggest CN shareholder | CBC News". CBC. Retrieved 2018-02-07.
  8. ^ GALLUN, ALBY (August 10, 2015). "Could Bill Gates be the next owner of Strategic Hotels?". Crain Communications.
  9. ^ "DEF 14A". www.sec.gov. Retrieved 2018-02-07.
  10. ^ "The Bill Gates-backed company that's reinventing meat". Fortune. Retrieved 2018-02-07.
  11. ^ Bort, Julie (2014-09-20). "The Man Making Bill Gates Richer". Slate. ISSN 1091-2339. Retrieved 2018-02-07.

External links[edit]