Frequently asked questions about Cascade Asset Management Company (2024)

FAQs

Who owns Cascade Asset Management? ›

Cascade Investment, L.L.C. is an American holding company and private investment firm headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed by Michael Larson.

Founded in 1994, Cascade applies a fundamental, long horizon investment approach across asset classes and geographies. While Cascade manages the assets of the Trust, which funds the Bill & Melinda Gates Foundation, neither Cascade nor the Trust play a role in the grantmaking or operations of the foundation.

In a bid to secure his $12.9 billion worth of assets, Bill Gates founded Cascade Investments, LLC in 1995.

The most accurate and popular Cascade Asset Management's email format is first [1 letter] + last (ex. JSmith@cascade-assets.com).

Michael Larson founded Cascade in 1994. As Cascade's Chief Investment Officer, Mr. Larson oversees and directs all investment activities including strategy, capital allocation, sourcing, structuring, transaction execution and managing relationships with key partners.

He is the founder and chairman of several companies, including BEN, Cascade Investment, TerraPower, Gates Ventures, and Breakthrough Energy.

Cascades revenue for the year ended December 31, 2023, was 4.64 billion Canadian dollars - an increase when compared with the previous year. The low revenue in 2021 was largely attributable to the decrease in sales from Cascades tissue papers segment. Cascades is a Canada-based paper and packaging company.

“Cascade” means “When you cast this spell, exile cards from the top of your library until you exile a nonland card whose mana value is less than this spell's mana value. You may cast that card without paying its mana cost if the resulting spell's mana value is less than this spell's mana value.

Cascade Investment is the multi-family office of Bill Gates, the founder of Microsoft (1975). Headquartered in Kirkland, USA, with offices in 14 locations all over the world, the firm invests in industries, such as gas extraction, agriculture, and financial market sectors.

The majority of his financial assets are held by Cascade Investment LLC, an entity controlled by Gates to manage his investments. 3 Although Cascade is not a public company, some of its investment activity must be disclosed to the Securities and Exchange Commission (SEC).

Does Bill Gates own FedEx? ›

Bullish on this entire logistics and supply chain market, regardless of the competitive differences, the Bill & Melinda Gates Foundation now owns through Cascade Investment 1.53 million shares of FedEx Corp. This is worth $392 million. Gates has the 10th largest holding at FedEx, in contrast to the 15th at UPS.

Cascade campaigns involve sending messages to different communication channels successively to be 100% sure that the information is delivered to customers. The following channels are used for such campaigns: email, messaging apps, push notifications, SMS and so on.

Michael Larson (born October 1959) is an American money manager. He is the chief investment officer for the Bill & Melinda Gates Foundation, and Bill Gates' personal fortune through Cascade Investment.

Dealership Chain. Microsoft Corp. founder now owns a 5.5% stake in AutoNation Inc.

Bill Gates' stake in Waste Management is surprisingly large for an investor who is far better known for his accomplishments in the technology field. 15.4 percent of the Gates Foundation's holdings are invested in Waste Management, making it the fourth largest holding.