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

Nairaland ForumNairaland GeneralBusinessMelinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband (58906 Views)

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Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by TruthHurts1(op): 3:51pm On May 07, 2021
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

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

Anyway, Please I will Design a Professional Logo or Letterhead for 2k Only
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by TruthHurts1(op): 3:53pm On May 07, 2021
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by 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
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Bornsinner7:
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
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by baralatie(m): 4:00pm On May 07, 2021
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
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by 3pleDAssistant: 4:02pm On May 07, 2021
"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
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by IamFINESSE: 4:03pm On May 07, 2021
grin
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by northvietnam(m): 4:09pm On May 07, 2021
Inside life
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Opak001(m): 4:31pm On May 07, 2021
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!!!!!
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by HONESTFACT101(m): 5:06pm On May 07, 2021
best business for women in America is divorce......signing out
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by wallay77(m): 6:32pm On May 07, 2021
The future is female
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by rawtouch: 6:32pm On May 07, 2021
single female billionaire na only me know wetin I deh think make nobody follow me reason am
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Shellsploit: 6:32pm On May 07, 2021
Amazing...
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by wpadmin: 6:32pm On May 07, 2021
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
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by saphiere(f): 6:32pm On May 07, 2021
The FUTURE is FEMALE
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by MelaninGemstone(f):
Sister mi ti cashout
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Born2winnx: 6:33pm On May 07, 2021
Better style......
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by MelaninGemstone(f): 6:33pm On May 07, 2021
She followed the footsteps of Amazon CEO’s wife
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by NaijaCover(m): 6:33pm On May 07, 2021
The future is women, hmmmmm
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Romanoff(f): 6:33pm On May 07, 2021
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?
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by PacAmaru: 6:34pm On May 07, 2021
Painful
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Abdulquadrimuha(m):
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.
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by tellwisdom: 6:34pm On May 07, 2021
All these scammer of a woman will allow u grow wealth for years before they cash out big on u. #Ndi ara
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by SweetDipBenny(m): 6:34pm On May 07, 2021
This is y i dont blame some artist dem
Na baby mama sure
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by espn(m): 6:34pm On May 07, 2021
Na wa oo...
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by saphiere(f):
post=101472714]The future is women, hmmmmm[/quote]Yes so. We own the future. How are you?

[quote author=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
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by akeentech(m): 6:34pm On May 07, 2021
No let any woman drag u go registry, do your wedding traditionally that’s all
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by TimmyTen(m): 6:34pm On May 07, 2021
If Melinda can divorce her husband how much do u have?
Re: Melinda Gates Is Now A Billionaire, After A Stock Transfer From Her Ex Husband by Toks2008(m): 6:34pm On May 07, 2021
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...
1 2 3 4 5 6 7 8 9 10 ... 13 Reply

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