Bill Gates may earn at least $313.7 million every year from this ‘boring’ business
Bill Gates has significantly increased his investment in Republic Services, a major waste management firm.
His private investment company, Cascade Investment, recently acquired over three million additional shares.
This substantial holding now represents more than thirty-eight percent of the company's outstanding common stock.
Such a large stake could potentially generate substantial annual dividend income for Gates.
Republic Services operates across the United States, handling waste collection and recycling services.
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