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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

July 21, 2008 at 3:03 PM

Would you buy a car from Bill Gates?

Now that he’s semi-retired from Microsoft, Bill Gates is getting into the car business.

Gates bought a big stake in AutoNation, a national chain of dealers selling new and used cars, with a substantial Web presence. His investment outfit, Cascade Investment, today reported that it has acquired 9.9 million shares, or 5.5 percent of the company.

It’s still pocket change for him — about $83 million, at today’s price.

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