Bill Gates takes control of Four Seasons Hotels and Resorts

Bill Gates takes control of Four Seasons Hotels and Resorts

Bill Gates, the founder of Microsoft, has taken control of the Four Seasons Hotels and Resorts chain through his investment division, Cascade Investment, by purchasing approximately half of Saudi Prince Alwaleed bin Talal’s stake for $2.21 billion.

Cascade Investment will acquire half of Prince Alwaleed’s stake in Four Seasons, thereby increasing its share to 71.3% from 47.5%, at a valuation of $10 billion.

Frequently Asked Questions

Who now controls Four Seasons Hotels and Resorts?

Bill Gates, through his investment firm Cascade Investment, now holds a majority 71.3% stake in the company.

What was the value of the transaction?

Cascade Investment paid $2.21 billion to acquire half of Prince Alwaleed bin Talal’s shares.

What is the total valuation of Four Seasons in this deal?

The transaction values the Four Seasons Hotels and Resorts chain at $10 billion.