Bill Gates: 'Souring' on Microsoft?

The billionaire founder of the software giant is selling Microsoft shares by the millions. Does he know something we don't?

Bill Gates is selling Microsoft shares by the millions, leaving some commentators wondering if he views the company as a sinking ship.
(Image credit: Getty)

Microsoft Founder and Chairman Bill Gates sold 10 million Microsoft shares earlier this month, for a total of 90 million shares sold over the past year (a value of approximately $2.5 billion). CEO Steve Ballmer also sold nearly 50 million shares in the past week, his first stock selloff in seven years. Gates is still Microsoft's largest shareholder, with nearly 600 million shares. But should other investors be nervous about the accelerated rate of his divestiture?

Yes, Gates is jumping ship: The Microsoft founder "knows an increasingly bad investment when he sees it," says Chris Nerney in ITworld. Microsoft's stock has languished for the past decade, and the company is now a "hapless also-ran in a number of crucial, emerging markets." Why? Ballmer. How is he even still CEO? "Does [Ballmer] possess compromising photos" he's been using for blackmail?

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