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Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband (50973 Views)

Melinda Gates Rents ₦50Million Per Night Private Island(Pics) / Melinda Gates Filed For Divorce, Couple Has Been Separated Before The Divorce / Bill Gates And Melinda Gates Divorce After 27 years (2) (3) (4)

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Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by TruthHurts1(m): 3:51pm On May 07
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. He falls behind Jeff Bezos ($177 billion), Elon Musk ($157 billion) and Bernard Arnault and family ($150 billion).

Melinda Gates received 2.94 million shares of AutoNation and 14.1 million shares of Canadian National Railway Co., according to Forbes. AutoNation is worth $309 million and Canadian National Railway Co. is worth an estimated $1.5 billion.

Melinda Gates also received 25.8 million shares of Mexico-based Coca-Cola Femsa — worth $120 million — and 155.4 million shares of Mexican broadcaster Grupo Televisa SA — worth $386 million.

Up until 2000, Bill was Microsoft’s CEO, and he later moved out of a daily role with the company in 2008. Until 2014, he served as chairman of the board and announced just last year he was stepping down to focus on philanthropy.

In 2000, the couple founded The Bill & Melinda Gates Foundation, a nonprofit organization that has spent more than $53 billion since its formation to target poverty and inequity worldwide, according to the foundation's website.

Melinda Gates, who was a product manager at Microsoft, met Bill Gates at a business dinner in New York City. They were married in Hawaii in 1994.

The couple’s divorce filings show they asked a judge in Washington state to divide their assets based on the terms of a separation contract, usually issued when spouses are living apart but have not yet divorced, according to Forbes.

The terms of the contract weren’t disclosed.

https://www.msn.com/en-us/money/companies/after-a-stock-transfer-from-bill-gates-melinda-gates-is-a-billionaire/ar-BB1gt9RS?ocid=msedgntp

5 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Dcube212: 3:52pm On May 07
You see why rich kids settle for Baby Mama.

Anyway, Please I will Design a Professional Logo or Letterhead for 2k Only

306 Likes 19 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by TruthHurts1(m): 3:53pm On May 07
Na so e be o



Dcube212:
Hnnm

43 Likes 8 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by BKayy: 3:53pm On May 07
The only way women become billionaires is from divorce-VERIFIED FACT
In truth the future is females leeching on successful men to achieve their dreams.

That's why the adage says Behind every successful man is a feminist waiting to either accuse him of rape or file for divorce and take a cut from his wealth"
Ronaldo and Bill Gates are good examples

281 Likes 23 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Bornsinner7: 3:55pm On May 07
A man is not a financial plan

Women have an unfair advantage over men.. if they can't get what they want by being smart, they will get it by being dumb..

They get what they want from Union or from separation

They get it from victimising a person or from playing the victim

288 Likes 21 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by baralatie(m): 4:00pm On May 07
TruthHurts1:
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. He falls behind Jeff Bezos ($177 billion), Elon Musk ($157 billion) and Bernard Arnault and family ($150 billion).

Melinda Gates received 2.94 million shares of AutoNation and 14.1 million shares of Canadian National Railway Co., according to Forbes. AutoNation is worth $309 million and Canadian National Railway Co. is worth an estimated $1.5 billion.

Melinda Gates also received 25.8 million shares of Mexico-based Coca-Cola Femsa — worth $120 million — and 155.4 million shares of Mexican broadcaster Grupo Televisa SA — worth $386 million.

Up until 2000, Bill was Microsoft’s CEO, and he later moved out of a daily role with the company in 2008. Until 2014, he served as chairman of the board and announced just last year he was stepping down to focus on philanthropy.

In 2000, the couple founded The Bill & Melinda Gates Foundation, a nonprofit organization that has spent more than $53 billion since its formation to target poverty and inequity worldwide, according to the foundation's website.

Melinda Gates, who was a product manager at Microsoft, met Bill Gates at a business dinner in New York City. They were married in Hawaii in 1994.

The couple’s divorce filings show they asked a judge in Washington state to divide their assets based on the terms of a separation contract, usually issued when spouses are living apart but have not yet divorced, according to Forbes.

The terms of the contract weren’t disclosed.


https://www.msn.com/en-us/money/companies/after-a-stock-transfer-from-bill-gates-melinda-gates-is-a-billionaire/ar-BB1gt9RS?ocid=msedgntp

Mynd44, Lalasticlala

Hmmm! The love is still there..it as just a misunderstanding and confusion of what to do with time.
I see a reconciliation down the road o!
Well big successful career to both of them, long life to both of them and lots of grand children and great grand children

14 Likes 1 Share

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by 3pleDAssistant: 4:02pm On May 07
"Civilised" people, abeg no vex oo

But what is the wisdom behind this rule? Why take from the man's propety to give to the woman after separation?

Any body with explanation please

103 Likes 4 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by IamFINESSE: 4:03pm On May 07
grin
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by northvietnam(m): 4:09pm On May 07
Inside life

3 Likes

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Opak001(m): 4:31pm On May 07
My guy make money, make divorce not stop your life.
Some person because divorce wey shishi no go drop dem go want kill every body.
Where this money dey!!!!!

1 Like 1 Share

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by HONESTFACT101(m): 5:06pm On May 07
best business for women in America is divorce......signing out

94 Likes 7 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by wallay77(m): 6:32pm On May 07
The future is female

5 Likes 1 Share

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by rawtouch: 6:32pm On May 07
single female billionaire na only me know wetin I deh think make nobody follow me reason am

11 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Shellsploit: 6:32pm On May 07
Amazing...
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by wpadmin: 6:32pm On May 07
Marry a rich man and divorce him.... Cashout.

Marry an old man and make sure you get properties before he dies..... Cashout.

Show your body on Instagram or WhatsApp, let sex starved men beg for sex.... Cash out.


Men never know what's up

148 Likes 17 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by saphiere(f): 6:32pm On May 07
The FUTURE is FEMALE

7 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by MelaninGemstone(m): 6:32pm On May 07
Sister mi ti cashout

11 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Born2winnx: 6:33pm On May 07
Better style......

1 Like 1 Share

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by MelaninGemstone(m): 6:33pm On May 07
She followed the footsteps of Amazon CEO’s wife

41 Likes 4 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by NaijaCover(m): 6:33pm On May 07
The future is women, hmmmmm

4 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Romanoff(f): 6:33pm On May 07
BKayy:
The only way women become billionaires is from divorce-VERIFIED FACT
In truth the future is females leeching on successful men to achieve their dreams.

That's why the adage says Behind every successful man is a feminist waiting to either accuse him of rape or file for divorce and take a cut from his wealth"
Ronaldo and Bill Gates are good examples

Oprah Winfrey got rich from a divorce?

67 Likes 7 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by PacAmaru(m): 6:34pm On May 07
Painful

1 Like

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Abdulquadrimuha(m): 6:34pm On May 07
If u read what is up there you would understand investing your money in the right place would make you rich for life not like investing in ponzi scheme that will give you BP at the end of the day.

21 Likes 4 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by tellwisdom: 6:34pm On May 07
All these scammer of a woman will allow u grow wealth for years before they cash out big on u. #Ndi ara

13 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by SweetDipBenny(m): 6:34pm On May 07
This is y i dont blame some artist dem
Na baby mama sure

20 Likes 4 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by espn(m): 6:34pm On May 07
Na wa oo...

1 Like 1 Share

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by saphiere(f): 6:34pm On May 07
NaijaCover:
The future is women, hmmmmm
Yes so. We own the future. How are you?

3pleDAssistant:
"Civilised" people, abeg no vex oo

But what is the wisdom behind this rule? Why take from the man's propety to give to the woman after separation?

Any body with explanation please
You met her in-shape (probably curvy shape) you disfigured the shape through childbirth. Can you return her to her original self? No! So you have to pay for the damages.
macaranta:


Such useless reasoning... So the child is now the man's personal property?
The child bears the man's name

8 Likes 3 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by akeentech(m): 6:34pm On May 07
No let any woman drag u go registry, do your wedding traditionally that’s all

56 Likes 2 Shares

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by TimmyTen(m): 6:34pm On May 07
If Melinda can divorce her husband how much do u have?

9 Likes 1 Share

Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Toks2008(m): 6:34pm On May 07
Laslas nah one lucky guy go cruise the money with her.. And if she is not careful, that money will be gone in no time..

Shebbi she Don begin rent a resort for over N50M a night...

51 Likes 3 Shares

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