Financial paperwork reveals Bill Gates handed over $2.5 billion prices of inventory to his soon-to-be ex-wife, Melinda Gates.
According to paperwork filed with the Securities Exchange Commission, the day after Melinda filed for divorce, The Bill and Melinda Gates Foundation transferred a bunch of shares of Coca-Cola Femsa to her personally.
Melinda is now a 5% proprietor within the firm and holds 25,793,660 shares, which price an estimated $250 million. The basis nonetheless owns 62 million shares of Mexican Coca-Cola.
In separate monetary filings, it was revealed Melinda additionally now owns greater than 155 million shares of a Mexican multimedia firm named Grupo Televisa.
The profitable manufacturing hub creates content material that runs on Univision. The stake within the firm is the price of an estimated $386 million. The Coca-Cola and Grupo Televisa shares have a mixed worth of $506 million.
That cash is on prime of the $2 billion in shares she already acquired from Bill. As Radar beforehand reported, Bill’s funding agency Cascade Investment LLC transferred a bunch of shares to Melinda on the day she filed for divorce.
The transfers included 14.1 million shares of Canadian National Railway Co. and a further 2.9 million shares of AutoNation Inc. Melinda’s Canadian National Railway Co. shares are price at an estimated $1.5 billion. The AutoNation shares are believed to be priced at $309 million. So far, Melinda has scored $2.5 billion in shares and so they aren’t even near being carried out with the transfers.
Melinda filed for divorce from Bill on May 3. The petition was filed in Washington Court and cited the wedding as being “irretrievably broken.” The couple was married for 27 years and didn’t signal a prenuptial settlement.
Bill employed a 97-year-old lawyer named Charles T. Munger to symbolize him within the divorce. His lawyer has shut ties with fellow billionaire, Warren Buffett. Sources declare Bill and Melinda have been preventing for a while. They have reportedly been hashing out a divorce settlement for months privately.
They seem to have finalized a property settlement earlier than submitting the divorce.