I can't help but think that when your as rich as people like Musk, Besos, and Gates that you are always paying others to do your bidding. Having such money affords you a lot of control and anonymity while your many investment arms secure that which you wish to own. In Bill's case everyone knows, or at least those who follow news about him, I surely am not one, that he owns a lot of shares in CN. Something I think was not followed by the media until after it happened very suddenly, which seems to be the way the ultra rich operate. Meaning, by the time you know the deal has already been done. There's usually no warning, and things can never be undone. It would not surprise me in the least that Bill is hiding behind this Watco group as a major investor, because it would appear to fit perfectly with his investment in CN; Ring of Fire connection.

TM.

https://www.railwayage.com/freight/short-lines-regionals/for-watco-new-investment-partner/

.....Pittsburg, Kans.-based Watco—an owner and operator of short lines, terminals, ports and mechanical shops—has entered into a strategic equity relationship with a global investment management firm.

The firm will provide proceeds from a new Series E perpetual preferred equity security, allowing Watco to “refinance part of its capital structure, while also providing additional capital to support Watco’s ongoing customer growth initiatives and fund future acquisition opportunities,” the transportation company reported on July 7. (Watco did not provide Railway Age with the investment management firm name or any further details by press time.)

The private investor is joining Watco’s other strategic equity partners: Oaktree Transportation Infrastructure Fund (TIF), Kinder Morgan and Norfolk Southern (NS).....

https://www.producer.com/news/bill-gates-owns-largest-ownership-stake-at-cn/

....Bill Gates controls a 16.36 percent stake in Canadian National Railway through Cascade Investment LLC and the Bill & Melinda Gates Foundation Trust. | File photo