Bill Gates’ Wealth Just Dropped By $50 Billion | WLT Report

Web Desk,

Imagine losing $50 billion practically overnight…

That’s what just happened to Bill Gates.

Technically, he didn’t just “lose it” as if he bet it all on red in Roulette and crapped out, but here’s what happened:

Of course he won’t be claiming poverty anytime soon, with his wealth still estimated to be about $124 billion (down from $175 billion):

For those who prefer a TL:DR, here’s a quick summary of what just happened:

  • Bill Gates’ net worth dropped by approximately $52 billion, largely due to a significant revision in the estimated value of his holdings in Cascade Investment.

  • This 30% decline in wealth removed him from the list of the world’s top 10 richest individuals, a rare occurrence for someone who once held the top spot.

  • The valuation adjustment came after Cascade Investment’s assets were reassessed, particularly its shares in Republic Services and other private holdings, leading to a downward revision by Bloomberg Billionaires Index.

  • Steve Ballmer, former Microsoft CEO and Gates’ onetime assistant, has now surpassed Gates in net worth, largely due to Ballmer’s substantial and still-growing Microsoft stock holdings.

  • Ballmer’s wealth is now estimated at over $120 billion, while Gates is below that mark due to the asset repricing.

  • The drop is not due to stock market losses, but rather a deeper financial revaluation of private assets under management.

  • Despite the decline, Gates remains among the wealthiest people in the world, and his philanthropic contributions continue through the Bill and Melinda Gates Foundation.

As noted above, the decline is largely due to a “reassessment” of his Cascade Investments, which begs the question: What in the heck is Cascade Investments?

I’m glad you asked!

Cascade Investment, LLC is a private investment firm that manages a large portion of Bill Gates’ personal wealth. Here are the key points:

Purpose:

  • Cascade is separate from the Bill & Melinda Gates Foundation.

  • It invests Gates’ private fortune — not the Foundation’s funds.

  • Helps diversify Gates’ wealth away from Microsoft stock.

Investments:

Cascade holds or has held significant stakes in:

  • Republic Services (waste management)

  • Four Seasons Hotels and Resorts

  • Coca-Cola FEMSA

  • Deere & Co. (farm equipment)

  • Canadian National Railway

  • Real estate, energy, hospitality, and other private and public companies

Role in Gates’ Wealth:

  • Cascade helped turn Gates’ Microsoft-based fortune into a diversified portfolio.

  • It plays a key role in Gates’ financial strategy, risk management, and wealth preservation.

MSN explains how Bill Gates’ one-time assistant, Steve Ballmer, eventually surpassed him in wealth:

It’s striking that Ballmer is now richer than Gates, given that employees are usually worth much less than successful founders.

He’s an exception in part because, when he joined Microsoft in 1980 as an assistant to the president, he agreed to a $50,000 base salary plus 10% of the profit growth he generated, but his compensation became so high that the company offered a sizable equity stake instead.

Ballmer succeeded Gates as CEO in 2000 and stepped down in 2014 with a 4% stake in Microsoft. He now owns the Los Angeles Clippers.

Microsoft stock has soared more than 10-fold over the past decade to nearly $500 a share, making it the world’s second-most valuable company, after Nvidia, with a $3.7 trillion market cap.

Ballmer recently told the “Acquired” podcast that Buffett’s late business partner, Charlie Munger, asked him publicly why he held on to his Microsoft stock while the company’s two cofounders, Gates and Paul Allen, diversified their investments much more.

“Steve, I’m wondering why you held onto your Microsoft stock when your partners over there didn’t,” Ballmer recalled the famously frank Munger saying. “I know you’re not that smart.”

“No, Charlie, but I’m that loyal,” Ballmer replied.

Speaking of Bill Gates, anyone else remember this?

Massive Porno Bust At Bill Gates’ House

Massive Porno Bust At Bill Gates’ House

This story is actually from 2014, but it wasn’t covered much back then….

And it seems VERY relevant now.

And I bet you haven’t seen it before either, so I’m covering it again.

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Let me lay out the story and then you can tell me if you’re buying this:

Here’s the short summary:  in 2014, an “engineer” at the Gates home compound was arrested for having 6,000 child rape porno images with him.

My friend Dom recently covered this as well:

Backup report here:

From local KIRO7:

Police arrested a Seattle man at Bill Gates and Melinda Gates’ mansion for allegedly collecting more than 6,000 child rape photos.

Rick Allen Jones, reportedly employed as an engineer at the Gates’ home, is also accused of trading pornography images via Gmail.

He is charged with possession of child pornography.

More here:

And from the Daily Mail:

An engineer employed at the home of Bill and Melinda Gates has been charged with possession of child porn after he was discovered to have more than 6,000 images depicting rape and sexual abuse.

Rick Allen Jones, 51, of Seattle, allegedly had thousands of images stashed on his home computer, according to court documents this week.

According to prosecutors, the engineer had shared the images using his Gmail account.

Rick Allen Jones, 52, worked for Bill and Melinda Gates at their waterfront home in Medina, Washington (pictured) until late 2014, when he was arrested and charged with possession of child pornography. He was sentenced Friday to 90 days in jail

Rick Allen Jones, 51, worked for Bill and Melinda Gates at their waterfront home in Medina, Washington

Investigators were able to identify some of the children in the images, according to Kiro TV.

Police began to investigate Jones in 2013 after tracking him down from a sordid image which was posted online.

According to Seattle PI, the image showed the sexual exploitation of two young boys.

Cops went to look for him at his home in the Ballard neighborhood of Seattle in March.

Jones was finally tracked down to his workplace at the tech billionaire’s $147-million-dollar, waterfront estate in Medina, Washington.

He was interviewed in a security office at the estate by detectives, according to Seattle PI.

While he was being interviewed, police went into his home with a search warrant and found more than 6,000 child porn images.

More here:

Ok, so a Gates staff member “took the fall”?

That’s what it sounds like to me.

Otherwise, you mean to tell me some guy was working at the Gates compound and just decided to bring along with him 6,000 child porno images?

Does that make sense to anyone?

Or did he take the fall?

I’m not making accusations, I’m just asking questions.

Because apparently Bill Gates seems to be the absolute WORST judge of character, hiring degenerate engineers to work at his home and of course who can forget his best-buddy friendship with Jeffrey Epstein?

Bill, you sure know how to pick friends!

Or perhaps it’s not a coincidence at all….

Maybe Bill Gates is the pedo?

I’m not making the accusation, I’m just asking questions…

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Watch this for more:

More here….

Bill Gates SQUIRMS Awkwardly When Asked About His Friend Jeffrey Epstein

Remember in Scarface when Al Pacino talks about the cock-a-roach?

That’s always reminded me of Bill Gates.

A cock-a-roach!

Here’s the latest…

Bill was friends with Jeffrey Epstein and he doesn’t seem to like people asking about it!

Also, do you remember when ex-wife Melinda Gates called him out for it?

More on that in a minute.

First, watch this from Tucker:

Bill….you look VERY uncomfortable.

How many videos did Epstein have of you?

And how young were the kids?

And were they boys AND girls or just one or the other?

I’m just asking….

Here was Melinda telling the world things are NOT right here:

https://twitter.com/elicithought/status/1611111654057549828

From Newsweek:

Melinda Gates is said to have warned Bill Gates to stay away from Jeffrey Epstein after the couple met with the convicted sex offender in 2013 in New York.

The Microsoft founder and his wife announced they had filed for divorce last week and The Wall Street Journal reports that the separation of the 25-year marriage has been in the works since at least 2019.

Melinda Gates was reportedly “haunted” by her husband’s connection with the convicted pedophile financier who died by suicide after he was jailed in 2019, per The Daily Beast.

Newsweek has reached out to representatives for Bill and Melinda Gates for comment.

The New York Times reports that Bill Gates and Jeffrey Epstein met numerous times over the years starting from 2011—here is a timeline of their relationship.

Bill Gates and Jeffrey Epstein reportedly first met in January 2011 in New York City.

On this occasion, Gates and Epstein were joined by Dr. Eva Andersson-Dubin, a former Miss Sweden who Epstein had once dated, and her 15-year-old daughter.

The New York Times also claimed that Bill Gates sent an email about Epstein to colleagues in 2011, saying: “His lifestyle is very different and kind of intriguing although it would not work for me.”

He also said that he stayed late into the night on this occasion, writing in the email: “A very attractive Swedish woman and her daughter dropped by and I ended up staying there quite late.”

However, Bill Gates’ spokesperson Bridgitt Arnold told the newspaper that the email “was in no way meant to convey a sense of interest or approval.”

She said that Gates was “referring only to the unique décor of the Epstein residence—and Epstein’s habit of spontaneously bringing acquaintances in to meet Mr. Gates.”

Arnold also said of this meeting: “Gates recognizes that entertaining Epstein’s ideas related to philanthropy gave Epstein an undeserved platform that was at odds with Gates’s personal values and the values of his foundation.”

The two men met again in 2011, on May 3 and were photographed along with James E. Staley, at the time a senior JPMorgan executive, and former Treasury Secretary Lawrence Summers and Boris Nikolic, who was the Bill and Melinda Gates Foundation’s science adviser.

2013 was four years after Epstein was sentenced to prison for soliciting a minor under the age of 18 for sex.

The meeting was reportedly on the same day that the couple accepted the Lasker-Bloomberg Public Service Award at the Pierre Hotel in New York City.

In this same year, Bill Gates is reported to have flown with Epstein on his private jet from New Jersey to Palm Beach, Florida.

That plane is the infamous “Lolita Express” that gained notoriety due to it being purposely designed for mid-air sex, per The Sun.

Bill Gates’ meetings with Epstein were publicized and reported on in 2018, prompting a spokesperson for the tech mogul to say at the time that the meetings had focused on philanthropy.

“I met him. I didn’t have any business relationship or friendship with him,” Gates told the Wall Street Journal in 2019.

Speaking of Bill Gates, have you seen this?

Bill Gates Working Closely With DFID To Put The Poison Vaxx In Cattle!

Hello mRNA steaks!

Would you like your steak well done?

Medium?

Medium rare?

No matter what you choose it’s about to also come with a side of the mRNA poison vaxx!

How wonderful!

**BUT KEEP READING, I HAVE THE SOLUTION DOWN BELOW**

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And who do we have to thank?

Why, Bill Gates of course!

Or as some of you have dubbed him, “Kill Gates” as an homage to his penchant for bringing death and destruction seemingly everywhere he goes!

Just ask all the little African children he jabbed.

But I digress, that’s a different story.

Today I want you to see how proud he looks announcing his new partnership with DFID to jab all our cattle and inject them with the toxin mRNA vaxx.

Because: “science”.

Duh!

Watch:

More here:

And longer video here:

Look, I don’t know about you but I don’t want mRNA in my meat.

I want to eat big, beautiful Black Angus RED MEAT the way God made it!

The very fact they’re trying to poison the meat tells you all you need to know.

Meat must be very good for you.

Especially meat without antibiotics, without growth hormones, without chemicals….and definitely without mRNA!

But thanks to “Kill Gates” and his friends like Klaus (Anal) Schwab, that kind of unadulterated meat is becoming harder and harder to find.

Why do the big companies pump the cattle full of all this crap?

In Bill Gates’ case, I think he truly believes in a depopulation agenda.

For all the rest?

It’s business, baby!  Big business!  Toxic Big Business!

These big companies raise the cattle in stalls with no space in between them.

The result?

One cow gets sick, they all get sick!

So to keep the operation going, they are constantly pumped full of hormones and antibiotics….and then guess what goes into your body when you eat them?

Guess what goes into your kids bodies?

Ever wonder why kids are starting puberty at younger and younger ages?

Couldn’t be related to them eating meat pumped full of cow steroids, could it?

But enough about the problem….

I NEVER leave you with just the problem.

You better know I’ve got the solution!

I’d like to introduce you to Black Angus beef, pasture raised on hundreds of thousands of acres.

Free roaming with plenty of open air between all the cattle.

Grass fed.

No hormones and no antibiotics.  Never!

Oh, and it’s CHEAPER than Omaha Steaks!

BOOM, who loves ya baby!

The only “catch”?

It’s Invite only.

Good thing you know someone that has the invites….(me!).

If you’d like to find out more and get a FREE personal invite, just go here and tell them Noah sent you:  https://SwitchWithNoah.com

It’s the real deal, and because they don’t raise the Black Angus like the big companies do, they may have the SHUT OFF invites if they grow too fast.

So if you want in, let me know soon.

It’s all part of something bigger I’ve just started working on.

Let me fill you in…

When I started this website back in 2015 I started it because I was on a mission…

I wanted to get the truth out to as many people as possible.

The truth that wasn’t being covered anywhere else.

I started with literally 0.

Zero experience…

Zero money…

Zero backers…

Zero readers…

Zero of any of you!

Along the way, we’ve built a massive community of people who love America and want to see our country become great again.

We now average between 4 and 6 million readers EACH MONTH!

And we’re growing again, pretty quickly.

More importantly, the MISSION is growing!

But we’ve also faced major opposition.

Oh it hasn’t been easy by any stretch of the imagination.

We were DELETED from Facebook after having 1.5 million people Follow and Love our Page!

Just poof….one day, gone!

We’ve been censored on almost every platform out there, emails sent to Junk or just “disappeared” despite people signing up over and over.

Speaking of email, we’ve had two email companies ban us because they went Far-Left.

So it hasn’t always been easy…

But we’re on a MISSION and mission always wins out in the end.

United States