Millionaire divorce: how much money Bill Gates has already transferred to Melinda

NEW YORK – Just a day after the couple announced their divorce, Bill Gates has transferred shares worth $ 1.8 billion to Melinda French Gates, Forbes magazine revealed today.

Bill Gates’ investment vehicle, Cascade Investment, transferred that sum last Monday, the same day the couple announced their surprise divorce, according to SEC documents. The share transfer took a small bite out of the net worth of the Microsoft co-founder, who was estimated at $ 128.6 billion out of $ 130.4 billion. Who still leaves Bill Gates as the fourth richest person in the world.

According to Forbes, Melinda received 2.94 million shares of AutoNation and 14.1 million shares of Canadian National Railway Company, which are worth $ 309 million and $ 1.5 billion, respectively. Bill Gates uses Cascade Investment, a Kirkland, Wash., Based holding company to manage his money, including the proceeds from the sale of Microsoft shares. Bill Gates once owned a significant portion of Microsoft, but he has ceded to the Gates Foundation or sold most of his stake over the years and now owns less than 1%.

The billionaire couple announced their divorce this week after 27 years of marriage, which opened the question of how they were going to run their property and business.

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