Billionaire Bill Gates’ fortune plunged again, after giving a new set of shares he owned to his ex-wife, Melinda French Gates.
Melinda French Gates’ fortune is now estimated at $ 5.6 billion, and the couple are in the process of dividing their assets after finalizing their divorce last week.
With the completion of the share transfer to Melinda, Gates lost his spot in fourth place on the list of the richest men in the world, according to Forbes magazine.
With a fortune of $ 129.6 billion now, Gates is behind Facebook founder Mark Zuckerberg, who jumped to fourth place, while Gates became the fifth richest man in the world.
Gates’ investment firm, Cascade Investments, transferred nearly $ 2.4 billion in stock to Melinda on Thursday, coming after a batch of first $ 3.2 billion stock transfers.
Melinda received 3.3 million shares of Auto Nation, worth approximately $ 392 million, and now owns 8.8 percent of the Florida auto retailer.
It also acquired 2.8 million shares of Deere, now valued at $ 1 billion, and 9.5 million shares of Canada National Rail, which is now also worth $ 1 billion.
Melinda filed for divorce when she learned of Bell’s meetings with late sexual harasser Jeffrey Epstein, and began consulting a divorce attorney as early as 2019, and a Gates spokesperson also admitted that she had an affair with a Microsoft employee in 2000. .
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Toni Morrison was a celebrated American author whose novels earned worldwide recognition for their depth, artistry, and cultural significance. Her influential works continue to inspire readers and writers across generations.
