Melinda Gates Now A Billionaire After She Gets Stock Transfer From Bill Gates

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Melinda Gates is now a billionaire by rachsandl

... [+]Bill and Melinda Gates are already divvying up their massive fortune, and in the process, Melinda has become a billionaire on her own.

Bill’s investment vehicle, Cascade Investment, transferred $1.8 billion in securities to Melinda on Monday, May 3, the same day the pair announced their, according to SEC filings. That makes Melinda worth $1.8 billion, while the stock transfer puts a slight dent in the Microsoft cofounder’s net worth, which went down to an estimated $128.6 billion from $130.4 That still makes Bill Gates the fourth richest person in the world.

Melinda received 2.94 million shares of AutoNation and 14.1 million shares of Canadian National Railway Co., which are worth $309 million and $1.5 billion respectively. Bill uses Cascade Investment, a holding company based in Kirkland, Washington, to manage his money, including any proceeds from selling Microsoft shares. Bill at one point owned a significant slice of Microsoft, but has given away or sold most of his stake over the years and now holds less than 1%.

The stock transfer is almost certainly part of Bill and Melinda’s divorce settlement. While it’s unclear if they signed a prenup, according to their divorce filing, Bill and Melindaa judge in Washington state to divide their assets based on the terms of a separation contract—a document that is typically signed when spouses are living apart, but have not yet divorced. The terms of the contract weren’t disclosed. Bill may have also transferred other assets to Melinda in non-public transactions.

 

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rachsandl Girl, humorous and a little pretty

rachsandl Hard work payout. 🤔 😁😁😁😁😁😁😁😁😁😁😁😁

rachsandl Just one?

NellyAlili rachsandl Arsenal is up for sale. Shall you?

rachsandl It's not a credit to get money from her ex-husband , rich, Bill Gates . She isn't a self-made billionaire at all. Phew 🙂

You work for years and become the richest person and your ex wife becomes a billionaire just because she got married with you.

rachsandl Gotta save the money somehow with bill going to prison😂👀

rachsandl Lol

rachsandl This reminds me of a Bill Burr skit.

rachsandl She had bill and became a billionaire. I have bills but im broke. How the fuck does that make sense?

rachsandl So are we supposed to stand up and applaud? What sort of TITLE is 'Billionaire'? Mother Theresa NEVER SOUGHT titles despite her SELFLESS 'PHYSICAL' CHARITABLE CONTRIBUTIONs, WHAT has Gates contributed to mankind other than a few Dollars?

rachsandl Not really good for the feminist movement that the richest women in America are divorcees of billionaires. Not really the greatest role models for young women

rachsandl ... a side chair to the dock at the New Nuremberg Tribunal for the Third Biological War World War III will still be found for her.

rachsandl It is not the money it is the heart. She has enough money

rachsandl Marriage scares me now

rachsandl She has been.

rachsandl This headline..

rachsandl Why 27 years of relation is the end🤔🤔🤔

rachsandl GOD SHES SUCH A HARD WORKER AND DESERVES ALL OF IT!!!

rachsandl Please can someone tell me who she is and what does she do to become a billionaire? Thanks in avance for you answers 🙏🏿

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