Melinda Gates Shares: Bill Gates biggest holding company named Cascade Investment transferred stock in two big companies in Mexico to Melinda Gates.
Bill Gates and wife Melinda Gates recently announced that they are going to have decided to end their 27 years of marriage. Being one of the most wealthy couples in the world, the division of assets between the two can be one of a kind. Cascade reportedly shifted shares worth $1.8 billion in two companies named AutoNation Inc. and Canadian National Railway Co. on Tuesday.
Adding the $500 million worth stocks moved in Coca-Cola Femsa and Grupo Televisa under Melinda Gates control, the reported amount received by her has reached $ 2 billion since the couple announced their separation. According to Bloomberg, Cascade also sent a holding valued at almost @386 million Grupo Television and $120 million worth stake in Cola-Cola Femsa to Melinda Gates.
How much wealth is up for division?
Even though the details have not been released yet, Bill Gates net worth can offer room for guesswork. According to the Bloomberg Billionaires Index, Gates is worth $144.2 billion. He has for a long time held the title of the world’s richest man. He co-founded Microsoft Corp. His wife Melinda French Gates has also played a great role in the growth of his empire especially after she started co-running the Bill and Melinda Gates Foundation. She also started an investment and incubation company named Pivotal Ventures. According to French Gates, the new investment company aims to work for “social progress” in the US. The couple also has many homes and land in America. They have a 66,000 sq ft mansion in Washington.
The separation between Bill and Melinda Gates might have similarities with another high profile divorce in 2019. It was the year AmazonÂ CEO Jeff Bezos and his ex-wife Mackenzie Scott ended their marriage. Out of the 16% stake shared by the couple in Amazon.com Inc, 75% was taken by Jeff Bezos and 25% by Mackenzie Scott.