Bill Gates is the richest man in the world with a net worth of over $100 billion in 2019 (update 07/07/2019), according to Forbes magazine. The Bill & Melinda Gates Foundation Trust has a massive $23 billion and the portfolio holdings give us some nice insights.

The Bill & Melinda Gates Foundation owns several highly profitable companies, with sustainable competitive advantages. The trust is investing over 45% in the Financial Services sector and has major holdings in industrials and technology sector. Many of the stocks are also dividend players, and grow their dividend payouts over time, like the Dividend Aristocrats.

Bill & Melinda Gates portfolio

Here are the top 19 stocks held by the Bill & Melinda Gates Foundation.

BRK.BBerkshire Hathaway IncInsurance
MSFTMicrosoft CorpApplication Software
WMWaste Management IncWaste Management
CNICanadian National Railway CoTransportation & Logistics
CATCaterpillar IncFarm & Construction Machinery
WMTWal-Mart Stores IncRetail - Defensive
FDXFedEx CorpTransportation & Logistics
ECLEcolab IncChemicals
UPSUnited Parcel Service IncTransportation & Logistics
CCICrown Castle International CorpCommunication Services
KOFCoca-Cola Femsa SAB de CVBeverages - Non-Alcoholic
TVGrupo Televisa SABEntertainment
LBTYKLiberty Global PLCCommunication Services
ANAutoNation IncAutos
LBTYALiberty Global PLCCommunication Services
ARCOArcos Dorados Holdings IncRestaurants
WBAWalgreens Boots Alliance IncRetail - Defensive
LILALiLAC GroupCommunication Services
LILAKLiLAC GroupCommunication Services