These 3 dividend stocks used by Bill Gates to create passive income

At a time when more than one expert is predicting tough times for equity markets, the rest of 2022 could be an ideal time to look at dividend stocks. These represent a way to provide income in good times and bad, which is particularly important today.

Bill Gates

One notable portfolio that is heavy on dividend stocks is The Bill & Melinda Gates Foundation Trust. This is an American private foundation founded by Bill Gates and Melinda French Gates. Most of the money for the foundation comes from Gates' personal wealth. In addition to Buffett's position in Berkshire Hathaway, which accounts for more than 50% of the portfolio, there are three dividend stocks that occupy a significant space in the foundation's holdings.

Waste Management

It may not be the most glamorous sector, but waste management is essential to the functioning of the entire company. No matter what happens to the economy, municipalities have no choice but to pay companies to get rid of mountains of trash, even if those costs…

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The information in this article is for educational purposes only and does not serve as investment advice. The authors present only facts known to them and do not draw any conclusions or recommendations for readers. Read our Terms and Conditions
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