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Weeks before Bill and Melinda Gates announced their divorce in early May, the foundation that bears their name sold hundreds of millions of dollars in Apple and Twitter shares., as reported by the portal Business intern.
The Bill and Melinda Gates Foundation Securities Commission filings, first released on Sunday, revealed that the foundation’s trust had sold all of its stakes in Apple and Twitter at the end of March.
Since the divorce announcement, approximately $ 4 billion in stock has been transferred from Bill to Melinda. The founder of Microsoft is one of the richest people in the world, with an estimated net worth of around $ 146 billion.
According to reports, Bill and Melinda do not have a prenuptial agreement and rely on a separation contract to divide the assets. It should be noted that a prenuptial contract establishes a contractual agreement in the event of divorce, but a separation contract is less formal: it is a legal instrument which stipulates the rights and obligations of each party, such as maintenance and custody of children, which does not involve a court.
The Gates’ divorce record said their marriage was “irreparably broken” and called for their property to be divided according to the separation contract.
Since the divorce announcement, approximately $ 4 billion in stock has been transferred from Bill to Melinda.
On May 4, the world’s most powerful couple revealed they are going to divorce after 27 years. “We no longer believe that we can grow together as a couple in this next phase of our life.The 65-year-old Microsoft co-founder said in a statement posted on Twitter.
Court documents obtained by the American magazine People They discovered that Melinda was the one who filed for the divorce and said in the petition that her marriage was “irretrievably broken.” On the day of his divorce announcement, the tech billionaire transferred more than $ 3 billion in stock to his now ex-wife.
Melinda and Bill Gates run one of the largest philanthropic organizations on the planet. With his foundation, he has donated more than $ 50 billion to support healthcare, education, gender equality and efforts to fight climate change.
In addition to stocks, trusts and sports cars, philanthropists have an impressive portfolio of real estate worth nearly $ 170 million, as well as an extensive collection of art, worth of $ 130 million, including priceless pieces such as “The Leicester Codex”, A compilation of texts and drawings by Leonardo da Vinci and collected between 1508 and 1510.
“The notebook is one of the 32 Leonardo da Vinci diaries that still stand,” Gates wrote on his blog last year. “And the only one that isn’t in a European museum.”
Gates was named in 1985 as one of the 50 most coveted singles in the world. However, a few months after the publication of this list, the founder of Microsoft got to know Melinda Ann French whom he married on New Years Day in Hawaii in 1994, when she took the last name of her famous husband. . Their separation will directly affect his multi-million dollar estate, but not the businessman’s real estate gem.
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