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2 Jul 2025 13:58
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  •   Home > News > Entertainment

    Bill Gates has transferred $1.8 billion in stocks to his estranged wife Melinda Gates

    The couple - who married in 1994 - announced on Monday (03.05.21) they are to divorce, and it has now been revealed the Microsoft co-founder gave Melinda shares in two companies on the same day


    According to documents obtained by TMZ, Bill - who has an estimated net worth of more than $124 billion - transferred more than 14 million shares of Canadian National Railway Co., worth around $1.53 billion, and more than 2.9 million shares of AutoNation Inc, worth around $310 million, via his investment firm, Cascade Investment LLC.

    The pair - who have three children together, 21-year-old son Rory, and daughters Jennifer, 25, and Phoebe, 18 - announced their divorce after

    27 years of marriage in a joint statement.

    It read: "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage. Over the last 27 years, we have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives. We continue to share a belief in that mission and will continue to work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life."

    In 2000, they launched the Bill and Melinda Gates Foundation, a philanthropic organisation which strives to enhance healthcare and reduce extreme poverty across the globe.

    © 2025 Bang Showbiz, NZCity

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     Today's News

    Accident and Emergency:
    A 34-year-old woman's died, after a two-vehicle crash last Thursday on State Highway Two in Tauranga 13:47

    Entertainment:
    Bob Geldof has praised his late ex-wife Paula Yates for being instrumental in Live Aid 13:36

    Business:
    Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores 13:27

    Rugby League:
    The odds are shortening on Des Hasler being the first NRL head coach to be punted this season 13:07

    Entertainment:
    Sir Brian May doesn't believe that his Queen bandmate Freddie Mercury has a secret daughter 13:06

    Entertainment:
    Scarlett Johansson has revealed that her twin brother Hunter was her most enthusiastic supporter at the premiere of Jurassic World Rebirth 12:36

    Law and Order:
    Police are preparing to investigate a Gore toddler's death - for a third time 12:27

    Entertainment:
    James Norton is "crazily grateful" for the "pain" of his split from Imogen Poots 12:06

    Rugby League:
    Former Kiwis captain turned pundit Richie Barnett has explained why the Warriors can still finish in the NRL's top four, despite halfback Luke Metcalf's season-ending knee injury 11:57

    Law and Order:
    Cordons are up around a home in Auckland's Ponsonby - where a person was found dead last night 11:47


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