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24 Jun 2021 3:17
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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.

    © 2021 Bang Showbiz, NZCity

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     Today's News

    Entertainment:
    Paris Hilton will broadcast her wedding on TV 21:59

    Rugby:
    Brodie Retallick's expecting an adjustment to pace following his return to New Zealand rugby 21:56

    Entertainment:
    Ricky Wilson's Kaiser Chiefs bandmates weren't invited to his wedding 21:29

    Living & Travel:
    Wellington Airport has been added to the locations of interest 21:16

    Entertainment:
    Kevin Hart's daughter was "tough" on him following his cheating scandal 20:59

    Entertainment:
    Kris Jenner wanted Caitlyn Jenner to find "true happiness" 20:29

    Entertainment:
    DMX's record company paid for his funeral 19:59

    International:
    Euro 2020 scores: Sweden vs Poland, Slovakia vs Spain, Portugal vs France, Germany vs Hungary live updates 19:46

    Entertainment:
    Princess Diana was "a little agitated" and felt "trapped" the night before she died 19:29

    Entertainment:
    Rob Kardashian has been "really affected" by the way his former partners have treated him 18:59


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