TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Sept 8 (Reuters) - Four Seasons Hotels and Resorts said on Wednesday that Bill Gates backed-Cascade Investment LLC would take a majority stake in the hotel operator for $2.21 billion. He is the son of William H. Gates Sr. Ginkgo Bioworks, a biotech startup that received $350 million in venture funding in 2019, in part from Gates's investment firm Cascade Investment. With the news of his split from Melinda Gates, people are curious about the couple's investments and how their wealth will be divided. Gates has an extensive investment portfolio including major holdings in Microsoft, the company he founded, and Berkshire Hathaway, Warren Buffetts massive holding company. Michael Larson is Bill Gates private money manager and runs Gates personal investment company Cascade Investment LLC, funded solely by Gates. Cascade investment will pay $2.2 billion to acquire a It is controlled by Bill Gates, and managed by Michael Larson. Cascade Investment Group is managed by individuals. Cascadeinvestment ventured into Cryptocurrency in Founders Bill Gates. In 2017, Angelina Plantation changed hands one more time and became one of the principal farmland assets in the Gateses Cascade Investments portfolio. Headquarters Regions Greater Seattle Area, West Coast, Western US. This page shows a list of all the recent 13F filings made by Cascade Investment, L.l.c.. Form 13F is required to be filed within 45 days of the end of a calendar quarter. and other investors have acquired stakes in StorageMart, the largest privately owned self-storage company in the world.. The domain name owner didnt respond, but Cascade failed to convince the panelist of the first prong of the policy: that the domain is identical or confusingly similar to a mark in which the Complainant has rights. At least four employees at the firm, Cascade Investment, complained to Mr. Gates about Michael Larson, his longtime money manager. is an American holding and investment company headquartered in Kirkland, Washington, United States. Cascade will be acquiring about half of Saudi Arabian Prince Alwaleed bin Talals stake for $2.21 billion, Four Seasons Hotels and Resort stated last week. Bill Gates was born in Seattle, Washington on October 28, 1955. This time it seems he has his sights set on the smart city. Company Type For Profit. It is controlled by Bill Gates, and managed by Michael Larson. At todays market price of $24.38 per share, this puts the pre-tax value of his holdings in the software giant at $15,139,335,173. It alone $15 billion would get someone near the top portion of the Forbes 400 list. The Bill & Melinda Gates Foundation has given away more than $50 billion to support health care, education, gender equality and efforts to combat climate change. Edit Details Section. Michael Larson, the son of an industrial engineer, grew up in North Dakota and then in Albuquerque. is located in Kirkland, WA, United States and is part of the Traveler Accommodation Industry. The firm is in the same office park in Kirkland, Wash., as Mr. Gatess personal office, Gates Ventures, and across the street from Ms. French Gatess own group, Pivotal Ventures. Cascade Investment, Gates' investment vehicle, transferred 3.3 million shares, collectively worth $387 million, of the automotive retailer AutoNation to French Gates, a SEC filing showed, per Bloomberg.. Cascade Investment, the investment company created by Bill Gates, transferred stock in Deere & Co. to Melinda French Gates, bringing the total amount shes received since they announced their divorce this month to more than $3 billion. (Bill and Melinda Gates Investments (BMGI)) is a Family Office located in Kirkland, WA United States, North America. Posted on January 15, 2021 by Land Report Editors. Bill Gates investment firm, Cascade Investment, L.L.C., has lost a cybersquatting complaint it filed against CascadeInvestment.us.. Founded Date 1994. Cascade Investment Capital, LLC. Bill Gates hired Larson 22 years ago to take over the investment of his personal wealth, which was about $5bn at the time. Cascade Investment, L.L.C. who are active in the daily management of client assets. Gatess Cascade Investment conveyed 3.3 million shares of AutoNation Inc., now worth about $387 million to French Gates, as well as 2.8 million shares of Deere & Co. valued at about $1 billion and 9.5 million shares of Canadian National Railway Co., totaling more than $1 billion, according to filings with the Securities and Exchange Commission. is an American holding company and private investment investment advice free from conflicts of interest caused. info@cascadeinvest.com (971) 252-2720. The Microsoft cofounder also transferred 2.8 million shares worth a total of $1 billion of the manufacturer Deere & Co. to French Gates through Cascade After all, Bill Gates owns 620,973,551 shares of Microsoft. Bill Gates, who has been one of the worlds wealthiest people for years, currently has an estimated net worth of 29100 SW Town Center Loop, Suite 100, Wilsonville, OR 97070, USA 2019 by Cascade Investment Capital. Since 1985, three highly principled professionals have worked together in varying capacities and developed a unique professional relationship which has become the cornerstone of a financial services company that is truly set apart from the rest. Cascade Investment, L.L.C. Proudly created with Wix.com Cascade Investment. Cascade Investment, L.L.C. is an American holding and investment company headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed by Michael Larson. More than half of Gates' fortune is held in assets outside his holding of Microsoft shares. Cascade Investment, L.L.C. About Us. (Sales figure is modelled). Our January newsletter features the Land Report 100 sponsored by Hayden Outdoors. Thanks in part to Mr. Larson and the soaring value of Microsofts shares, Mr. Gatess fortune has gone from less than $10 billion to Gates hired Larson from a hedge fund in 1994 to manage his personal fortune of $10 billion at the time. Phone Number (425)889-7900. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Anil D'Silva Private company Cascade was established in 1993 by Vitaliy Khomutynnik. Lately, though, Cascade Investment has entered the public eye in a big way. Belmont Partners is the real estate investment group created to develop the project consisting of 80,000 residential units, 3,800 acres of commercial, office and retail space, and 470 acres for public schools. Cascade is Michael Larson also manages the funds for the Bill Gates Foundation. Cascade Investment Fund. is an American holding company and private investment firm headquartered in Kirkland, Washington, United States. Cascade Investment, L.L.C. is an American holding and investment company headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed by Michael Larson. Cascadeinvestment ventured into Cryptocurrency in 2017 and has paid over $40 million to it's investors. by large corporate ownership. 10 2021, Updated 12:49 p.m. Singapores sovereign wealth fund GIC, along with Bill Gates Cascade Investment, L.L.C. Michael Larson is the chief investment officer for Bill and Melinda Gates Investments (BMGI). It took a dozen years, but the ownership of that Louisiana farmland went from Bernie Ebbers to Bill Gates with a couple of stops in between. Operating Status Active. Since then Gatess fortune has grown to Cascade Investment, L.L.C. Moreover, he is handling the Bill and Melinda Gates Foundation trust endowment. On September 19, Cascade revealed the acquisition of 1.29 million shares of Republic Services, at an weighted-average price of close to $39.26 per share. Current Assets for Bill and Melinda Gates Investments (BMGI) is $170,000,000,000 and SWFI has 2 periods of historical assets, 8 subsidiaries, 1 Opportunities/RFPs, 34 personal contacts available for CSV Export. Bill Gates' investment firm is taking a controlling stake in luxury hotel chain Four Seasons. SEC Form 13F Filing History. Bill Gates, the fourth richest person in the world, is keenly followed by the investor community concerning investments made through his firm Cascade Investment, L.L.C. Cascade is also referred to as Bill and Melinda Gates Investments. Bill Gates Cascade Investment, LLC and their partners bought about 25,000 acres at a cost of $80 million. Bill Gates Cascade Investment is taking a swing in the hotel industry, paying more than $2 billion to take control of Four Seasons Hotels & Resorts. Our firm started in 1996 with the spirit of client-focused. May. (Bill and Melinda Gates Investments (BMGI)) is a Family Office located in Kirkland, WA United States, North America. n. t. Cascade Investment Group is managed by individuals. has 4 total employees across all of its locations and generates $100.97 million in sales (USD). According to CaproAsia it ranks number 3 among the worlds largest family offices with $51 billion in assets. Hes responsible for managing Bills personal wealth through Cascade Investment. Five years later it was reorganized into a private joint-stock company and in 2008 transformed into investment fund Cascade. Cascade Investment, L.L.C. The transaction values StorageMart at an enterprise value of approximately USD $2.7 billion, said StorageMart in a statement. Bill Gates poured millions of dollars into two Franklin Templeton closed-end, fixed-income funds in May. Bill Gates will purchase a majority stake in the Four Seasons hotel chain for $2.21 billion, the company announced Wednesday. Gatess Cascade Funding conveyed 3.3 million shares of AutoNation Inc., now value about $387 million to French Gates, in addition to 2.8 million shares of Deere & Co. valued at about $1 billion and 9.5 million shares of Canadian Nationwide Railway Co., totaling greater than $1 billion, in accordance with filings with the Securities and Exchange Commission. Cascade Investment, L.L.C. News outlets worldwide have picked up our top story: Bill Gates is America's largest private landowner with 242,000 acres in 16 states. All-cash deal by Bill Gates Cascade Investment would give the luxury hotel company an enterprise value of $10 billion. Another example is billionaire Bill Gates family office, Cascade Investment LLC. Cascade Investment Land Report January 2021 Newsletter. Company Description: Cascade Investment, L.L.C. The worlds leading luxury hospitality company, Four Seasons Hotels and Resorts, ET.