Bill Gates transfers $1.8 billion in stocks to wife Melinda amid legal procedures

It is becoming clearer, how the estranged couple are going to share their wealth, after they shocked the world by announcing their divorce plans on May 3.

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Fresh details are emerging about how Bill Gates and his wife of 27 years​, Melinda Gates​, are splitting their wealth​ following their divorce announcement.

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According to US SEC filings obtained by an outlet, Bill gave Melinda, who he married in 1994, more than 14 million shares of the Canadian National Railway Company, as well as 2.9 million shares of AutoNation. Together, this equates to more than $1.8 billion dollars in stock.

Bill, who is the co-founder of Microsoft, is the fourth richest man in the world, with an estimated net worth of over $124 billion, according to Forbes’ latest ranking. Melinda is a former manager at Microsoft, who, along with her husband, co-founded the Bill and Melinda Gates Foundation in 2000. The non-profit is dedicated to “fighting poverty, disease, and inequity around the world,” according to its website, and works towards combating diseases like HIV/AIDS, polio, and malaria.

In a joint statement on May 3 to announce their looming divorce, the now estranged couple maintained that they would continue to work together for the growth of the foundation, as it is a dream they mutually share.

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