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Bill Gates's firm 'Cascade' transfers stocks worth $1.8 billion to Melinda Gates amid divorce


Bill Gates’s firm ‘Cascade’ transfers stocks worth $1.8 billion to Melinda Gates amid divorce
As Bill Gates and Melinda Gates part ways after 27 years of marriage, Bill Gates’s firm transferred $1.8 billion in stocks to Melinda Gates this week.
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Bill Gates’s firm ‘Cascade’ transfers stocks worth $1.8 billion to Melinda Gates amid divorce
In the recent development in the phenomenon of Bill and Melinda Gates divorce, a report has arisen that Bill Gates’s firm Cascade which manages his financial wealth transferred a whopping amount of $1.8 billion in stock to Melinda Gates this week. Bill and Melinda never signed a prenup yet Melinda refused any spousal support from the billionaire. Bill, who is the co-founder of Microsoft now has less than 20% stake in the wealth generated from the software giant. Melinda and Bill cleared the fact that the foundation which has donated over $50 billion in the last two decades will remain ....

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Bill Gates' efforts to divest from fossil fuels


The
Atlantic talked of how disinvestment in fossil fuels by the big-name companies is not going to do much for the climate problem. He said the money needs to be put into R&D. 
The next year, the
Bill Gates Foundation surprised everyone when a SEC filing revealed that they had sold more than $800 million worth of Exxon stock and $187 million holdings in BP. According to
Guardian, the value of the Foundation’s energy holdings likely declined, and it was for financial purposes.
In his new book, “
How to Avoid a Climate Disaster,” he writes that his very wealth makes him a kind of a misnomer for climate change. “I can’t deny being a rich guy with an opinion,” writes Gates, who is worth more than $137 billion and uses a private jet to travel all over the world in pursuance of his philanthropic work.“It’s true that my carbon footprint is absurdly high,” Gates writes in his new book. ....

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