Overseas Network, May 6th. On the 3rd local time, Microsoft founder Bill Gates and his wife Melinda Gates issued a joint statement announcing their divorce. Foreign media disclosed that on the same day the couple announced the end of their 27-year marriage, Bill Gates’ investment company transferred more than $1.8 billion worth of stock to Melinda.
According to a report from the New York Post and other foreign media on the 5th, a document from the US Securities and Exchange Commission showed that on May 3, Bill Gates transferred about 18% of value to his wife Melinda through his Cascade investment company. 100 million U.S. dollars in stocks, including the Canadian National Railway Company’s stock worth more than 1.5 billion U.S. dollars, and the largest US auto dealer “National Auto Leasing” stocks valued at more than 300 million U.S. dollars.
Foreign media believe that this property transfer is related to the Gates’ divorce and property division. The divorce petition they filed with the King County Superior Court in Washington state revealed that the two did not sign a prenuptial agreement to allocate an estimated $130 billion in assets. According to Washington State law, the property of husband and wife should be divided equally, but family lawyer Janet George told Bloomberg that in reality, the court can support one of the spouses and award a larger portion of the jointly owned property to one party.
Post time: May-06-2021