Many people work all their lives hoping one day to have a million pesos. And then there are cases like Bill Gates that this Wednesday he earned 2 billion dollars doing practically nothing.
The sixth richest man in the world made billions of dollars this Wednesday just by watching the shares of Microsoft They were up 7.2% in value in Wall Street day trading.
Well to say that Gates did nothing to earn those millions is an absurd reduction (he is arguably one of the fathers of the internet age). But yesterday the Microsoft co-founder reaped the company’s biggest single-day profit in 52 weeks.
Bill Gates’ “trick”: mentioning artificial intelligence 50 times
As reported fortuneBill Gates got rich after Microsoft mentioned its investments in artificial intelligence more than 50 times in its quarterly earnings call with its shareholders.
Market confidence in Microsoft’s participation in the OpenAI company shot up the value of the shares, taking the price from $19.95 to $295.37 per share.
In January Microsoft pumped $10 billion into OpenAI, which is the creator of the super popular ChatGPT.
It should be remembered that Bill Gates is the largest investor in Microsoft with 103 million shares. The also philanthropist already had the “small fortune” of 111 billion dollars.
Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.