The simplest investment strategies boost Bill Gates' growth

It seems that the American billionaire Bill Gates is still intent on making more money, as he follows the simplest investment strategies that require allocating more than 60% of his wealth in shares.
This strategy helped boost Gates' net worth of $ 17 billion to reach $ 106 billion, accordingly Bloomberg News, behind Jeff Bezos, who sits on the throne of the world's richest people, directly on the Bloomberg Billionaires Index.
Data compiled by Bloomberg indicated that approximately $ 60 billion of Gates' wealth is in stock assets, while the 2018 World Family Office report of the Company Wealth Management Inc said that the average family business portfolio in North America holds about 32% Of its assets in stocks in 2018.
The growth, overseen by US billionaire investment director Michael Larsson, appears to have allowed Gates, 63, to build the largest private enterprise in the world without causing any devaluation of his wealth.
Concerning high-value taxes, Bill Gates, in an interview with Bloomberg TV, expressed doubts that the "tax on wealth" will enter into force in the United States, but he will not show any opposition to it if it starts to apply, noting that he was a great supporter of the real estate tax And the need to return to the level of 55%, which it was decades ago.

At the same time, Bill Gates, in favor of high income taxes imposed on American wealthy people - also called for more financial transparency, and while Gates still felt optimistic about the US and global economy, he questioned the possibility of continuing his performance that he enjoyed Over the past, indicating that there are reasons to believe that the absolute returns expected in the next decade will be lower than in the past few decades.