Bill and Melinda Gates announced on Monday they are divorcing after 27 years of marriage.
By Bloomberg
4 May 2021
Cascade Investment, a holding company Bill Gates created with the proceeds of Microsoft Corp. stock sales and dividends, transferred securities worth more than $1.8 billion to Melinda French Gates, a day after the pair announced their divorce after 27 years of marriage.
Melinda Gates is now the beneficial owner of 14.1 million shares of Canadian National Railway Co. worth about $1.5 billion, according to a Securities and Exchange Commission filing dated May 3. The investment firm also transferred 2.94 million shares in AutoNation Inc., worth $309 million.
Through Cascade, Gates has interests in real estate, energy and hospitality as well as stakes in dozens of public companies, including Deere & Co. and Republic Services Inc. The couple are also among the largest landowners in America.
Gates is worth $145.4 billion, according to the Bloomberg Billionaires Index.
https://news.google.com/__i/rss/rd/articles/CBMiamh0dHBzOi8vd3d3LmFsamF6ZWVyYS5jb20vZWNvbm9teS8yMDIxLzUvNC9iaWxsLWdhdGVzLWNvbXBhbnktdHJhbnNmZXJzLTEtOGJuLW9mLWVxdWl0aWVzLXRvLW1lbGluZGEtZ2F0ZXPSAW5odHRwczovL3d3dy5hbGphemVlcmEuY29tL2FtcC9lY29ub215LzIwMjEvNS80L2JpbGwtZ2F0ZXMtY29tcGFueS10cmFuc2ZlcnMtMS04Ym4tb2YtZXF1aXRpZXMtdG8tbWVsaW5kYS1nYXRlcw?oc=5
2021-05-04 22:17:41Z
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