Trains.com

Guess who owns a big stake in Canadian National Railways?

1142 views
6 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    April 2003
  • 305,205 posts
Guess who owns a big stake in Canadian National Railways?
Posted by Anonymous on Friday, September 24, 2004 12:01 PM
Just read this off of MSN, where they have a link to a story about the Forbed 400 Wealthiest list that was just published.

Bill Gates has been selling 20 million shares a year in Microsoft & then investing in other companies. Including CN.

No, the world isn't suddenly brighter & no closer to stop spinning, but I found it curious that the world's wealthiest man holds a stake in a railroad. Too bad it's not an American railroad...

Tony
  • Member since
    August 2003
  • 6,434 posts
Posted by FJ and G on Friday, September 24, 2004 12:35 PM
Interesting news. Bill enjoys riding trains. Private coaches, of course.

CN is a great American RR, btw, last time I looked, Canada was in America [;)]
  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Friday, September 24, 2004 12:37 PM
Bill Gates was a major investor in the Wisconsin Central R.R. When CN merged with WC, Mr. Gates's stock was converted to CN. By the way, CN also owns the former IC which makes it a MAJOR railroad all across NORTH AMERICA. All the way to the Gulf of Mexico.
  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Friday, September 24, 2004 5:43 PM
I thought you were going to tell us that CN was 80% owned by Wellspring LLC![;)]

- Lou
  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Friday, September 24, 2004 9:03 PM
QUOTE: Originally posted by Lou Sessa

I thought you were going to tell us that CN was 80% owned by Wellspring LLC![;)]

- Lou


Geee, not every post can be about Lionel now, can it? [:D]

Tony
  • Member since
    April 2003
  • From: Willoughby, Ohio
  • 5,231 posts
Posted by spankybird on Friday, September 24, 2004 9:24 PM
If Bill Gates likes trains, maybe he will by Lionel.[8D][:D]

I am a person with a very active inner child. This is why my wife loves me so. Willoughby, Ohio - the home of the CP & E RR. OTTS Founder www.spankybird.shutterfly.com 

  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Monday, September 27, 2004 2:45 PM
QUOTE: Originally posted by spankybird

If Bill Gates likes trains, maybe he will by Lionel.[8D][:D]


Hey, who knows? I think he donates more money to charity than I think Lionel would probably cost him. But Mr. Gates is shrewd with his money. His software may s*ck, but he's careful with the moola. Lionel would probably be very unappealing to him.

Tony

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

FREE EMAIL NEWSLETTER

Get the Classic Toy Trains newsletter delivered to your inbox twice a month