CommanderFrank
Cat Can't Scratch It
- Joined
- May 9, 2000
- Messages
- 75,399
Bill Gates is just about ready to shed his crown as top shareholder of Microsoft Corporation. The crown will then be passed on to retiring CEO Steve Ballmer. Gates has been selling off his shares in a yearly fashion to fund his charity organization, the Bill and Melinda Gates Foundation.
At his 10-year pace of selling stock, Gates will hand over the shareholding crown to Ballmer before mid-2014. Gates will have exhausted his holdings by September 2018 unless he stops or slows his selling.