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7 Jul 2025 13:05
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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

    Business:
    Nicola Willis is encouraging Kiwis to join the FamilyBoost scheme - with changes from this month to capture people who've been missing out 12:37

    Entertainment:
    Michael Madsen has died 12:36

    Golf:
    Golfer Daniel Hillier will feature at The Open Championship major next week at the Royal Portrush course in Northern Ireland, courtesy of his European Tour ranking 12:27

    Motoring:
    Shane van Gisbergen's secured another victory at a disrupted Nascar street race in Chicago, matching his feat on debut in 2023 12:07

    Entertainment:
    Yungblud says pansexual is "the label that allows me to be who I am" 12:06

    Politics:
    The Police Commissioner says urgent action must be taken to prevent staff accessing inappropriate or harmful content 11:57

    Entertainment:
    Amal Clooney has praised her husband George Clooney for being "so supportive" 11:36

    Entertainment:
    Allison Williams was "devastated" after one of her Girls storylines got scrapped 11:06

    Entertainment:
    Ariana Madix is constantly seeking "inspo" for her Love Island USA looks 10:36

    Business:
    The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month 10:27


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