Bill Gates Is No Longer The Fourth-Richest Person In The World After Stock Transfers To Melinda French Gates
![]() 1491 Tuesday, 10 August, 2021, 23:18 Melinda French Gates is now worth an estimated $5.6 billion after a fresh set of stock transfers from ex-husband Bill Gates. The pair are in the process of dividing up their assets after their divorce was finalized last week. Bill’s investment vehicle, Cascade Investment LLC, transferred nearly $2.4 billion worth of stocks to Melinda on Thursday, according to new SEC filings. The share transfers were first reported by Bloomberg on Monday. In May, days after the couple announced their divorce, Bill transferred $3.2 billion worth of stocks to Melinda. Melinda received 3.3 million shares of AutoNation AN +0.6%, worth about $392 million, according to SEC filings. She now owns 8.8% of the Florida-based car retailer. Cascade also transferred 2.8 million shares of farm equipment maker Deere & Co. DE +2% , now worth $1 billion, and 9,5 million shares of Canadian National Railway Co., now also worth $1 billion. It’s unclear how much Melinda will ultimately get. She may have also received additional assets from Bill such as stakes in private companies or real estate for which public disclosure of the transfer is not required. In addition, Bill’s Cascade Investment would not have to disclose a stock transfer if Bill owns less than 5% of the listed company. The terms dictating how the couple’s massive fortune will be split are in a nonpublic separation contract, which was signed before Bill and Melinda announced their divorce in May. |
Putin and Macron Hold First Phone Call Since 2022 – Kremlin
396Yesterday, 20:46Women can be drafted into the Danish military as Russian aggression and military investment grow
235Yesterday, 20:31"I will refrain for now": Musk
200Yesterday, 19:35Trump: ‘DOGE is the monster that might have to go back and eat Elon’
225Yesterday, 18:48"Baku's attempts to accuse Russian law enforcement officers are interference in Russia's internal affairs" - Russian Foreign Ministry
289Yesterday, 16:34Azerbaijan opens case over death of Azerbaijanis in Yekaterinburg
391Yesterday, 15:5811 Iranians arrested in the US
324Yesterday, 12:221M barrel tanker explodes off Libyan coast
41430.06.2025, 21:56