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Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife - Business - Nairaland

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Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Fuckyoumod: 12:34am On Aug 11
Bill Gates drops in billionaire ranking after stock transfers to ex-wife
The co-founder of Microsoft Corporation, Bill Gates, has dropped in Forbes’ real time billionaire ranking.

Gates who was the fourth-richest man in the world dropped to the fifth position. According to Forbes, he’s now worth $129.6 billion, slightly less than Facebook CEO Mark Zuckerberg.

This was after a fresh set of stock transfers to his ex-wife Melinda French Gates who is now worth an estimated $5.6 billion.

Nearly $2.4 billion worth of stocks were on Thursday transferred to Melinda from Gates’ investment vehicle, Cascade Investment LLC.
The billionaire had transferred $3.2 billion worth of stocks to Melinda in May.

“Melinda received 3.3 million shares of AutoNation AN +0.5%, worth about $392 million, according to SEC filings. She now owns 8.8% of the Florida-based car retailer. Cascade also transferred 2.8 million shares of farm equipment maker Deere & Co. DE +0.9% now worth $1 billion and 9,5 million shares of Canadian National Railway Company, now also worth $1 billion,” Forbes reported.

Melinda will likely receive shares from her ex-husband’s other investments; the ultimate amount she will get from him is yet to be determined.
https://punchng.com/bill-gates-drops-in-billionaire-ranking-after-stock-transfers-to-ex-wife/?amp

6 Likes 1 Share

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Nobody: 12:36am On Aug 11
Baba God, I don't mind being the last on the list for the year 2022.

89 Likes 3 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by inoki247: 12:39am On Aug 11
Make she go enjoy her Retirement funds...

25 Likes 2 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Afriqan: 1:01am On Aug 11
I am sure Bill's ranking will rise again, just like Bezos but this wealth splitting is why a lot of successful men in the west don't wanna marry anymore. In the Gates' case, at least the woman contributed to Bill's wealth in some ways, but imagine marrying a lady without 'shishi' in her account and she ends up taking half of your net worth after a divorce. grin

And the above goes both ways for male and female. Honestly, signing a prenup isn't such a bad idea if there's no selfish interest.

132 Likes 5 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Wawelexy: 1:07am On Aug 11
Baba go rise again.

2 Likes

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by chatinent: 1:17am On Aug 11
I think I need to leave Nigeria first. ...not to do illegal runs, but work, and help others.

41 Likes 4 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by joshjc(m): 1:21am On Aug 11
Adeeda:
Statistics shows that graduate are more likely to be rich, at least if not stupendously rich like Bill gates]
that's not true, what makes someone rich is hard work and zeal to be successful

45 Likes 1 Share

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by tillaman(m): 4:32am On Aug 11
Rich for life!!
Those figures Mehn, $billion

3 Likes 2 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by tunwumi: 5:08am On Aug 11
Ok
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by money121(m): 5:09am On Aug 11
Ok
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by MANNABBQGRILLS: 5:10am On Aug 11
There you have it.

The future is truly female mehn!!

5 Likes 2 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Oyiboman69: 5:10am On Aug 11
Virgina people... trust them at the detriment of well being....

9 Likes 2 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by elmessiahs(m): 5:10am On Aug 11
Women women women, they raise you and they can also bring you down.
Elmessiahs

7 Likes 2 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by remi4ever(m): 5:10am On Aug 11
cheesy
I develop desktop software, Native Android apps to improve your businesses.
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Tannhauser(m): 5:12am On Aug 11
joshjc:
that's not true, what makes someone rich is hard work and zeal to be successful
angry

This is why you are NOT a graduate at your age. He said “more likely” as in “stand a better chance”, capisce?

9 Likes 3 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Macsjebs: 5:12am On Aug 11
embarassed
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by sammy7410(m): 5:15am On Aug 11
Fear woman and save ur life

20 Likes 2 Shares

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Sirmuel1(m): 5:16am On Aug 11
Women!!!!

1 Like

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Hungarriman: 5:20am On Aug 11
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by manhaley5: 5:30am On Aug 11
Mystery of life.

This is free money.

3 Likes 1 Share

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by Xcellente10(m): 5:37am On Aug 11
Emmy9ite02:
Moral Lesson: Divorse is not a good thing. One will chase a thousand, 2 will put ten thousand to flight. Money doesn't buy a good marriage.

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2 Likes

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by lasisi69: 5:41am On Aug 11
cheesy

2 Likes

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by timesup234: 5:47am On Aug 11
Crooks enjoying the thievery of predatory capitalism. All property is theft. Private property must be converted into communes

2 Likes 1 Share

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by kewhos(m): 5:48am On Aug 11
Afriqan:
I am sure Bill's ranking will rise again, just like Bezos but this wealth splitting is why a lot of successful men in the west don't wanna marry anymore. In the Gates' case, at least the woman contributed to Bill's wealth in some ways, but imagine marrying a lady without 'shishi' in her account and she ends up taking half of your net worth after a divorce. grin

And the above goes both ways. Katy Perry also lost a lot after divorcing her British comedian ex, Russel Brand.

Honestly, signing a prenup isn't such a bad idea if there's true love...

I think Russel walked away without taking a dime. Legally $22 million was his if he wanted to but the guy nor collect
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by DonBigE82: 5:49am On Aug 11
Damnnn Bill that’s deep! No problem doh I know you’ll bounce back!

1 Like 1 Share

Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by oloyedewaris(m): 5:51am On Aug 11
really
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by lkillbrokehoes: 5:51am On Aug 11
kewhos:


I think Russel walked away without taking a dime. Legally $22 million was his if he wanted to but the guy nor collect
I really don't believe it
Re: Bill Gates Drops In Billionaire Ranking After Stock Transfers To Ex-Wife by fasho01(m): 5:53am On Aug 11
He still has my respect no matter what. He has been consistent in that list

2 Likes

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