Bill Gates Discloses Stock Held in Berkshire

Bill Gates disclosed that he has acquired almost $319 million worth of stock during the last decade in the company run by his friend and fellow billionaire Warren E. Buffett.

Gates, the co-founder and chairman of Microsoft Corp., reported in a regulatory filing that he owns 3,580 Class A shares of Buffett’s Berkshire Hathaway Inc. Gates had to reveal the holdings after being named a director Dec. 14 at Berkshire. The investment represents less than 1% of Gates’ personal fortune.