Cascade Investment

Common card · No. 210645

Cascade Investment, L.L.C. is an American holding company and private investment firm headquartered in Kirkland, Washington, United States. It is controlled by Bill Gates, and managed by Michael Larson. More than half of Gates's fortune is held in assets outside his holding of Microsoft shares. Cascade is the successor company to Dominion Income Management, the former investment vehicle for Gates's holdings, which was managed by convicted felon Andrew Evans. Larson reportedly directs Cascade's investments through Bill and Melinda Gates Investments, a firm that also manages the portfolios of the Gates Foundation and other connected entities. Larson accrued over the twenty years from 1995 an 11% compound annual return, and as of 2014 had 100 employees working under his direction. In 2021, Cascade drew attention due to allegations of toxic work environment caused by Larson. With 269,000 acres of farmland (which has been historically countercyclical to the stock market) being held through a...

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