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15 Jul 2025 9:35
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  •   Home > News > Entertainment

    Bill Gates has transferred $1.8 billion in stocks to his estranged wife Melinda Gates

    The couple - who married in 1994 - announced on Monday (03.05.21) they are to divorce, and it has now been revealed the Microsoft co-founder gave Melinda shares in two companies on the same day


    According to documents obtained by TMZ, Bill - who has an estimated net worth of more than $124 billion - transferred more than 14 million shares of Canadian National Railway Co., worth around $1.53 billion, and more than 2.9 million shares of AutoNation Inc, worth around $310 million, via his investment firm, Cascade Investment LLC.

    The pair - who have three children together, 21-year-old son Rory, and daughters Jennifer, 25, and Phoebe, 18 - announced their divorce after

    27 years of marriage in a joint statement.

    It read: "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage. Over the last 27 years, we have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives. We continue to share a belief in that mission and will continue to work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life."

    In 2000, they launched the Bill and Melinda Gates Foundation, a philanthropic organisation which strives to enhance healthcare and reduce extreme poverty across the globe.

    © 2025 Bang Showbiz, NZCity

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     Today's News

    Business:
    Prices are up 2.2 percent in both Christchurch City, and in Canterbury overall 9:27

    Entertainment:
    Adam Levine is "done" with tattoos because he finds them too painful now 9:10

    Soccer:
    The Wellington Phoenix men have signed a successor to departed striker Kosta Barbarouses for the A-League football season 9:07

    Cricket:
    A case of Calypso collapse-oh at Sabina Park in Jamaica on the third day of the third pink-ball test between Australia and the West Indies 9:07

    Entertainment:
    Conner Smith's "heart is broken" after he was involved in a fatal accident 8:40

    Law and Order:
    Why Trump is sending more Patriot missiles to Ukraine and how they help Kyiv's war effort 8:17

    Law and Order:
    A 22-year-old man is due in North Shore District Court today on charges involving a stash of ammunition, drugs and a gun 8:17

    Entertainment:
    Kelly Osbourne has insisted Ozzy Osbourne is "not dying" 8:10

    Rugby League:
    The waffle has continued between Paul Gallen and Sonny Bill Williams ahead of their boxing bout in Sydney tomorrow night 7:57

    Accident and Emergency:
    One person has died in a crash south of Palmerston North 7:47


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