Bill Gates may earn at least $313.7 million every year from this ‘boring’ business

Bill Gates has significantly increased his investment in Republic Services, a major waste management firm. His private investment company, Cascade Investment, recently acquired over three million additional shares. This substantial holding now represents more than thirty-eight percent of the company's outstanding common stock. Such a large stake could potentially generate substantial annual dividend income for Gates. Republic Services operates across the United States, handling waste collection and recycling services.