News | Entertainment
13 Jun 2021 10:49
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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.

    © 2021 Bang Showbiz, NZCity

     Other Entertainment News
     13 Jun: Simon Cowell plans to do a charity walk to celebrate his recovery from a broken back
     13 Jun: Penny Lancaster saved a woman's life while working for the City of London Police
     13 Jun: JoJo Siwa thinks her girlfriend Kylie Prew has "changed [her] life forever"
     13 Jun: Kate Winslet has sold her Manhattan penthouse apartment for $5.3 million
     13 Jun: Tom Hiddleston is desperate to see the UK theatre industry bounce back
     13 Jun: Saweetie admits quarantine made her rethink her career
     13 Jun: Camila Mendes and Charles Melton are back together
     Top Stories

    RUGBY RUGBY
    The familiar tinge of red and black will be missing from next Saturday's Super Rugby trans-Tasman decider More...


    BUSINESS BUSINESS
    The Government is speeding ahead with incentives for electric vehicles More...



     Today's News

    Motorsports:
    A tough day for the Kiwis in the first race of the latest IndyCar round in Detroit 10:46

    Environment:
    Fire, drought and real estate prices are ending the Californian dream 10:46

    Christchurch:
    The Civil Aviation Authority is heading to the scene where a helicopter crashed in Mid Canterbury yesterday 10:46

    Business:
    The Government is speeding ahead with incentives for electric vehicles 10:46

    International:
    Euro 2020: Christian Eriksen collapse overshadows Finland's historic win over Denmark, Wales draws with Switzerland 10:36

    Accident and Emergency:
    A helicopter and its pilot who went missing in the Southern Alps last night has been found alive and well 10:26

    Entertainment:
    Simon Cowell plans to do a charity walk to celebrate his recovery from a broken back 10:25

    Entertainment:
    Penny Lancaster saved a woman's life while working for the City of London Police 9:55

    Law and Order:
    A homicide investigation's underway in Northland after disorder broke out in Whangarei overnight 9:26

    Entertainment:
    JoJo Siwa thinks her girlfriend Kylie Prew has "changed [her] life forever" 9:25


     News Search






    Power Search


    © 2021 New Zealand City Ltd