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Bill Gates becomes $2 billion richer as Microsoft’s stock logs record price gain

A record daily price increase in Microsoft Corp. shares made co-founder Bill Gates $2 billion richer.

Gates remains one of the largest shareholders in Microsoft MSFT, with 103 million shares in the company that amount to a 1.38% stake, according to FactSet. After Microsoft’s stock price increased by $19.95 to $295.37 in Wednesday’s session, Gates’s Microsoft holdings are worth about $2 billion more.

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