Cascade Investments LLC

Infobox Company
name = Cascade Investments LLC
company_
type = Holding Company
foundation = 1994
location_city = Kirkland, Washington
location_country = flag|United States
key_people = Bill Gates, Chairman & CEO
industry = Diversified Investments
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Cascade Investments LLC is a private investment and holding company, incorporated in United States. It is controlled by Bill Gates, and is headquartered in the city of Kirkland, Washington.

It has been claimed that more than half of Gates' fortune is held in assets outside his holding of Microsoft shares, [http://www.forbes.com/2008/03/05/buffett-worlds-richest-cx_mm_0229buffetrichest.html] probably through Cascade Investments only. Cascade is the successor company to Dominion Income Management, the former investment vehicle for Gates' holdings, which was managed by longtime friend Andy Evans.

List of investments and companies

Investment does not necessarily indicate ownership.

The company describes itself as a diversified investment company. Its investments include:

*AutoNation
*Canadian National Railway
*Microsoft Corporation
*Berkshire Hathaway
*Carpetright
*Cox Communications
*Avista
*Ceptyr
*ICOS
*Four Seasons Hotels and Resorts
*Lynch Interactive
*Pan American Silver Corporation
*Newport News Shipbuilding
*Otter Tail Power Company
*Pain Therapeutics, Inc
*Red Hat
*Republic Services, Inc - U.S. waste mangement - 20% estimated [ [http://uk.reuters.com/article/ousiv/idUKN0136135120080801 Reuters: "Gates investment arm trashes Waste Management bid"] ]
*Schnitzer Steel Industries
*Scient
*Wisconsin Central Transportation
*FEMSA (Mexican brewer) - $364 Million (Dec. 2007) - 1.2 percent of FEMSA capital through "B" shares. [http://www.newsmax.com/money/gates_FEMSA_invests/2007/12/20/58821.html] Cascade might thus own 10.81 million of Femsa's New York-traded American Depositary Shares, about 3 percent of Femsa, the world's second largest Coke bottler and Mexico's second-largest brewer. [http://www.reuters.com/article/ousiv/idUSN2021965120071221]
*Coca Cola Femsa SAB de CV - 20% stake [http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKN0149064920080801] [http://www.tradingmarkets.com/.site/news/Stock%20News/1799953/]
*Sapphire Energy [http://news.cnet.com/8301-11128_3-10043996-54.html]

References

External links

* [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=100912 Cascade Investment, L.L.C.: Private Company Information - BusinessWeek]
* [http://answers.google.com/answers/threadview?id=15442 Google Answers: Bill Gates and his companies]
* [http://www.fincen.gov/statutes_regs/frn/comment_letters/old_comment_files/beatty2.pdf Legal Letter from Mark R. Beatty (General Counsel of Cascade Investment, L.L.C.)]