Kraft Heinz Is One of the Top Dividend Payers in Bill Gates' $33 Billion Foundation Portfolio, an Income Play Other Investors Can Study
The Gates Foundation has been fairly devoted to Kraft Heinz, but not fully.
Overview
An interesting thing about famous investors is that they're not all investors by trade. Bill Gates, the 19th-richest person in the world, is an example of that.
Along with the late Paul Allen, Gates was a co-founder of Microsoft. Thanks to his Gates Foundation, a charitable organization, Gates is, in fact, a famous investor. The foundation manages $33 billion in assets, or slightly less than a third of Gates' net worth of $106.2 billion.
Kraft Heinz is a Gates Foundation holding, but it needs more than that to return to old highs. Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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