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Bill Gates Discloses 5% Stake in Liberty Global

Bill Gates disclosed in a regulatory filing Friday that he controls a 5% stake in the class A shares of TV and broadband company Liberty Global (LBTYA) as of May 8. Gates's Cascade Investment, L.L.C. owns 8.7 million class A shares of Liberty Global, a 4% stake, and the Bill & Melinda Gates Foundation Trust owns another 2.1 million of the shares. The trust has owned 2.1 million class A Liberty Global shares since at least June 30, 2011, according to Securities and Exchange Commission records, Barron's has found.