Melinda receives 1.8 billion in stocks from Bill Gates; Is she joining the league of richest women in the world?

Melinda receives 1.8 billion from Bill Gates
Melinda and Bill Gates

Bill Gates’ investment firm transferred $1.8 billion in stock to Melinda Gates as soon as the couple announced the end of their 27-year marriage.

According to a new report, AutoNation Inc. Transferred more than 2.9 million shares. And Cascade Investment LLC also transferred more than 14 million shares of Canadian National Railway Co. to Melinda Gates.

Wall Street Journal reported that AutoNation shares about $310.1 million at the opening of trading on 28th April. And The Canadian National Railway shares were worth about $1.53 billion.

In the joint petition filed at the King County Superior Court in Seattle, the couple said they had already divided their marital assets, though details remain undisclosed. Also, the couple had no prenup but requested that the court divide their communal property, business interests and liabilities as outlined in their separation contract.

Grace Somuah-Annan||Ghana

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