Bill Gates’ company transfers $ 1.8 billion in equity to Melinda Gates Philanthropy news

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Bill and Melinda Gates announced Monday that they are divorcing after 27 years of marriage.

Cascade Investment, a Bill Gates holding company created with proceeds from the sales of shares and dividends from Microsoft Corp., transferred more than $ 1.8 billion worth of securities to Melinda French Gates, a day after the pair. they announced their divorce after 27 years of marriage.

Melinda Gates is now the effective owner of 14.1 million shares of Canadian National Railway Co. worth about $ 1.5 billion, according to a May 3 statement from the Securities and Exchange Commission. .

Through Cascade, Gates has interests in real estate, energy and hospitality, as well as stakes in dozens of public companies, including Deere & Co. and Republic Services Inc. The couple is also among the largest landowners in America.

Gates is worth $ 145.4 billion, according to the Bloomberg Billionaires Index.





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