(Source: BNN.ca, August 17, 2015)
OTTAWA — Bill Gates has increased his overall investment in Canadian National Railway Co. to 13.83 percent. The world’s richest man and Microsoft founder purchased 1,077,175 shares in Canada’s largest railway between July 31 and Aug. 6 through his Kirkland, Washington investment company Cascade Investment LLC. Separately, the Bill & Melinda Gates Foundation Trust, which he also controls, owns 2.14 percent of the company’s outstanding shares, for a combined value of roughly $8.8-billion.
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