Melinda Gates Receives Billions From Cascade, Bill Gates s Biggest Asset Melinda Gates Receives Billions From Cascade, Bill Gates s Biggest Asset Cascade moved stock in Coca-Cola FEMSA and Grupo Televisa to her control, according to regulatory filings dated May 3, the same day the Gateses announced they were ending their 27-year marriage.
Updated: May 06, 2021 9:28 am IST
Separation is expected to involve a wealth transfer that s only been seen in few other divorces. (File)
Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexico s largest companies to Melinda French Gates, bringing the total amount she s received in the past few days to more than $2 billion.
Cascade moved stock in Coca-Cola FEMSA and Grupo Televisa to her control, according to regulatory filings dated May 3, the same day the Gateses announced they were ending their 27-year marriage. Cascade shifted about $1.8 billion of shares in Canadian National Railway Co. and AutoNation Inc. this week to French Gates, Bloomberg reported Tuesday.Read more: Bill and Melinda Gates start dividing $145 billion
Their separation is expected to involve a wealth transfer on a scale that’s only been seen in a few other divorces, though few details have yet emerged. It could also have ramifications for one of the most important philanthropic organizations on the planet. The Bill & Melinda Gates Foundation has given away in excess of $50 billion to support healthcare, education, gender equality and efforts to combat climate change.
May 06 2021, 6:46 PM
May 06 2021, 7:56 AM
May 06 2021, 6:46 PM
(Bloomberg) Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexicoâs largest companies to Melinda French Gates, bringing the total amount sheâs received in the past few days to more than $2 billion.
(Bloomberg) Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexicoâs largest companies to Melinda French Gates, bringing the total amount sheâs received in the past few days to more than $2 billion.
Cascade moved stock worth more than $500 million in Coca-Cola Femsa and Grupo Televisa to her control, according to regulatory filings dated May 3, the same day the Gateses announced they were ending their 27-year marriage. Cascade shifted about $1.8 billion of shares in Canadian National Railway Co. and AutoNation Inc. this week to French Gates, Bloomberg reported Tuesday.
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