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29 Mar 2024 19:33
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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.

    © 2024 Bang Showbiz, NZCity

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     Today's News

    Entertainment:
    Jessica Chastain found it "difficult" to film 'Mothers' Instinct' with her showbiz pal Anne Hathaway 19:23

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 19:07

    Rugby:
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch 18:57

    Entertainment:
    Queen Camilla hosted authors and actors at a star-studded event in London to celebrate reading 18:53

    Law and Order:
    A man's due in court tomorrow facing a murder charge, after a body was found in a burnt-out car in Longlands, Hastings 18:47

    Business:
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria 18:37

    Entertainment:
    Simon Cowell has adopted another puppy just months after he brought home a new German Shepherd called Pebbles 18:23

    Entertainment:
    Tracee Ellis Ross has paid a glowing birthday tribute to Diana Ross 17:53

    Cricket:
    Cricket's best female all-rounder has led England to a 4-1 T20 series win over New Zealand 17:27

    Entertainment:
    YouTube star Ninja has been diagnosed with cancer at the age of 32 17:23


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