Bill Gates Reportedly Transfers $2.4 Billion In Stocks To Melinda Gates Amid Divorce
Melinda Gates is reportedly walking away from her marriage to Bill Gates with billions in stocks!
Earlier this week, the pair announced that they were splitting up after 27 years of marriage (and allegedly didn’t have a prenup). During their time together, the pair were well-known humanitarians and philanthropists via their Bill and Melinda Gates Foundation. However, Bill Gates is primarily known as the founder of Microsoft–and as one of the richest people in the world.
In the wake of the pair’s divorce, the massive Gates fortune is being divided up between them–and, resultingly, Bill Gates has transferred a large amount of stock shares to Melinda Gates. According to The Wall Street Journal (WSJ), the transfers totaled nearly $2.4 billion.
The stocks were transferred on the same day they announced their divorce (Monday, May 3rd), and this gave Melinda Gates a sizeable stake in various companies. For instance, she is now one of the largest shareholders in two Mexican companies: Coca-Cola Femsa and Grupo Televisa (the former is a bottling company and the latter is a television broadcaster). WSJ reports that Melinda‘s stake in Coca-Cola Femsa is worth around $121 million, while her Grupo Televisa shares are valued at around $386 million. She also received shares in AutoNation Inc., which happens to be the country’s largest car dealership owners. This share is estimated to be worth $307 million.
As we can see, it looks like Melinda Gates will be financially set after her divorce from Bill Gates wraps up!
What are your thoughts on Bill Gates sending Melinda Gates a reported $2.4 billion in stocks on the day of their divorce announcement? Comment down below to let us know!