News | Entertainment
21 Jun 2021 9:16
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Entertainment News
     20 Jun: Cardi B loves her stepchildren “the same way” as her daughter
     20 Jun: Angelina Jolie is reportedly back in touch with her ex-husband Jonny Lee Miller
     20 Jun: Kendall Jenner is “in a really good place” with Devin Booker
     20 Jun: Demi Lovato believes they overdosed in 2018 because they were “ignoring [their] truth” about being non-binary
     20 Jun: Kehlani was having “full-blown identity issues” before publicly coming out
     20 Jun: Gwyneth Paltrow’s daughter has never seen one of her movies
     20 Jun: Kim Kardashian West will keep posting her sexy selfies when she becomes a lawyer
     Top Stories

    RUGBY RUGBY
    A special moment for Blues loose forward Blake Gibson in his last match for the franchise More...


    BUSINESS BUSINESS
    Concerns over tenants abandoning their leases because of Auckland's City Rail Link project More...



     Today's News

    International:
    US Open final round live blog: Bryson DeChambeau, Rory McIlroy lead the chasing pack at Torrey Pines 9:06

    Soccer:
    Italy beats 10-man Wales 1-0 to top Group A at Euro 2020, Switzerland downs Turkey 3-1 8:56

    Rugby League:
    Manly have redefined the term "comeback" 8:16

    Cricket:
    New Zealand's four-wheel drive pace attack has proven the perfect vehicle to get traction on the second active day of the World Test Championship cricket final against India in Southampton 8:06

    Golf:
    Jon Rahm has made an early charge in the final round of golf's US Open at Torrey Pines 8:06

    Accident and Emergency:
    Part of State Highway 30 between Rotorua and Taupo is blocked, following a serious two-vehicle crash 8:06

    Business:
    Concerns over tenants abandoning their leases because of Auckland's City Rail Link project 7:56

    Education:
    A bit of movement around the nine to three school day 7:36

    Business:
    Another popular bank is set to phase out foreign exchange services 7:36

    Politics:
    When the Spice Islands began to be forgotten, music became the Moluccans' last resort 7:06


     News Search






    Power Search


    © 2021 New Zealand City Ltd