As for that $150 million investment, Microsoft sold that stock back to Apple by 2003 as per the arrangement the pair had struck.
As of May 2014, according to Engadget, Microsoft’s Apple stake would have been valued at $21.86 billion, had they held it.
Does Bill Gates own part of Apple?
TL:DR Virtually none. Bill Gates does not have and never has had any direct stake in Apple. However as per balance sheets of Microsoft and Apple for the previous year, the only investment that Microsoft has in Apple in 0.0046% through a private capital management firm.
Who is Apple owned by?
Now Apple Inc. is owned by two main institutional investors (Vanguard Group and BlackRock, Inc). While its major individual shareholders comprise people like Art Levinson, Tim Cook, Bruce Sewell, Al Gore, Johny Sroujli and others.
Does Microsoft regret investing in Apple?
Microsoft’s valuation didn’t shrink because of investment in Apple. They might regret the decision to sell the entire stake in 2002. Microsoft also promised to invest approximately $150 million for shares of Apple non-voting preferred stock. Though they were faithful at the time, later became wary of Microsoft.
What is the relationship between Apple and Microsoft?
Apple is Samsung’s biggest customer and biggest competitor. They’re suing each other while doing billions of dollars in business with each other every year. Microsoft is primarily a software company. Their software, in some shape or form, runs on Macs and now iOS.
Did Microsoft really save Apple?
In August of 1997, Gates stepped in and saved Apple, which, at the time, was on the brink of bankruptcy. “Bill, thank you. The world’s a better place,” Jobs told Gates after the Microsoft exec agreed to make a $150 million investment in Apple.
Can Bill Gates buy a country?
Microsoft co-founder Bill Gates, the richest person in the world, has a net worth of $75 billion. Gates’ net worth is greater than the GDP of 122 countries. If he were to liquidate all of his assets, Gates could purchase all of the final goods and services supplied by Myanmar in a single year.