Bill Gates Seems Disturbed, Should You Also Be Disturbed?

In a recent interview with Bill Gate, he remarked on NFTs. He cited ‘the Board Ape NFTs as an example, he said these electronic arts are based on Ponzi schemes (the greater fool theory). His critical views about NFTs cannot be overlooked judging by the kind of person Bill Gate is. Bill Gates, the fourth richest man in the world, is known, right from time for not being in support of crypto. It is not only him, but some other high-ranking world richest are not in support of crypto. However, Elon Musk and Mark Zuckerberg are in support of crypto. Many believe that this statement from Bill Gates might precede even more recession in the cryptocurrency economy.

Bill Is Selling Out
From March 2020 to March 2022, it was observed that Bill Gates has dramatically risen in net worth. He was $98 Billion before, but now, he is $133 Billion in net worth. Gates has been selling his unspeculative stocks. He sold His holdings with Caterpillar, 24% worthing $500 million stock. 50% worth of stocks at Walmart, 15% of Berkshire Hathaway, 100% of his Alphabet and Google shares, 100% of UPS and FedEx, and 50% of Microsoft. It appears as though Gates is taking his profits.

 

It seems like Gates is now investing in lands. He now owns lands in 19 states of the United States of America. He has over 296,000 acres of land.

Teach yourself your technical analysis: Technical Analysis

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Tom Frew

• 

  mattcollom

• 

  Tom Spiller OBE

• 

  John Piper