The man who built Microsoft is no longer its largest shareholder. After selling off 4.6 million shares on April 30th, Bill Gates is now positioned behind former CEO Steve Ballmer as the company’s largest stakeholder. Ballmer owns 333.2 million shares of Microsoft, a massive stockpile acquired during his 33-year tenure in Redmond. Gates, on the other hand, now has 330.1 million shares. The co-founder has been regularly offloading his ownership in the company over the years and using a large percentage of those earnings to back philanthropic efforts.
The giants are fading.
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