Gates has only 1.3% Microsoft stake after $4.6 bn donation
Microsoft Co-founder Bill Gates' stake in the company has reduced to 1.3% according to Bloomberg after he donated 64 million Microsoft shares valued at $4.6 billion. The donation represents about 38% of his holdings in the company. Notably, Gates had a 24% stake in Microsoft in 1996, a decade after the technology major went public. 