Home United States USA — Financial After a stock transfer from Bill Gates, Melinda Gates is a billionaire

After a stock transfer from Bill Gates, Melinda Gates is a billionaire

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Earlier this week, Bill Gates and Melinda French Gates announced their divorce. On that same day, Melinda Gates became a billionaire. Cascade Investment, Bill Gate’s investment vehicle, transferred nearly $2.4 billion in securities to Melinda Gates on Monday.
(Tribune News Service) — Earlier this week, Bill Gates and Melinda French Gates announced their divorce. On that same day, Melinda Gates became a billionaire. Cascade Investment, Bill Gate’s investment vehicle, transferred nearly $2.4 billion in securities to Melinda Gates on Monday. The next day his net worth dropped slightly, from $130.4 billion to $128.1 billion, according to Forbes. However, Bill Gates maintained his status as the fourth richest person in the world.

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