Bill Gates Transfers $1.8 Billion in Stocks to Estranged Wife Melinda Amid Divorce E! 2 hrs ago
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Bill Gates and his wife of 27 years,
Melinda Gates
, are dividing up their wealth following their divorce announcement.
According to SEC filings obtained by E! News, Bill gave Melinda, who he married in 1994, more than 14 million shares of the Canadian National Railway Company, as well as 2.9 million shares of AutoNation. Together, this equates to more than $1.8 billion dollars in stock.
Bill, who was the co-founder of Microsoft, is the fourth richest man in the world, with an estimated net worth of over $124 billion, according to
Zhe Shelly Wang, 36, spoke out in a post on Weibo, the Chinese social media site, on Wednesday, slamming the unfounded rumors that she had conducted an affair with Bill Gates.
Melinda becomes a billionaire after her divorce from Bill Gates. The transfer appears to be the first of many public transactions the pair will make as they start to divide up their extraordinary assets.
Microsoft founder Bill Gates transferred US$1.8 billion in stocks to his wife Melinda the day they announced their divorce after reaching a âseparation agreementâ.
Bill and Melinda have been married for 27 years and have three adult children, but announced in a joint statement on Monday they were parting ways with Melinda saying the marriage was âirretrievably broken.â
The pairâs divorce settlement hasnât been finalized in court but they have agreed on some of the terms of their separation.
Bill and Melinda Gates wanted to announce split in March but lawyers stopped them while they negotiated - so she fled to a $130k-a-night private island with the kids - but he wasn t invited
Bill and Melinda Gates wanted to announce split in March and she had rented Calivigny Island in Grenada
It is owned by French millionaire Georges Cohen, who bought it for his wife Martine in 2000
Her plan was to announce then flee to the Caribbean with their three kids to hide from the media
He was not invited - sources cited by TMZ on Thursday say the kids are very angry with him but don t say why