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Saturday, July 30, 2011

Bill Gates sale 5 million shares of Microsoft

/ On : 12:08 AM/
ShoutBloger: Microsoft founder Bill Gates is reported to have sold as many as 5 million shares of Microsoft are holding. But whether by this step, Gates no longer is the owner of the giant software maker?

The answer is of course not! Although it has been removed 5 million pieces of its shares, Gates still remains the dominant owner and shareholder of Microsoft.

Because according to the Securities & Exchange Commission, quoted by AFP on Saturday July 30, 2011, the millionaire who now cultivate philanthropy world is still holding at least 500 million shares of Microsoft anymore.

Sales of 5 million shares Gates at Microsoft itself is reportedly already registered with the Securities & Exchange Commission.

The selling price of the shares is estimated to be between USD 27.20 to 27.98 per sheet. That is, the total funds raised could reach $ 138 million from this transaction.

Gates himself is still listed as the Microsoft Chairman. But since June 2008, he spelled out no longer active in the company based in Redmond, U.S..

Together with his wife - Melinda - she is more concentrated to conduct humanitarian activities under the banner of the Bill & Melinda Gates Foundation.

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