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The Gateses are also among the largest private landowners in the U.S.
Author: Key
Date: 06-11-2021 - 22:14
When Bill Gates and Melinda French Gates announced their surprise split after 27 years of marriage, they said there would be no changes to their $50 billion foundation.
The fate of the foundation is just one aspect of the divorce.
Gates, 65, a Microsoft co-founder, is the fourth-richest person in the world, with a net worth of $143.8 billion, according to the Bloomberg Billionaires Index.
His biggest asset is Cascade, the holding company he created with the proceeds of Microsoft stock sales and dividends that’s run by Larson. Through Cascade,
Gates has interests in real estate, energy and hospitality as well as stakes in dozens of public companies, including Canadian National Railway and Deere & Co.
The Gateses are also among the largest private landowners in the U.S.
In recent weeks, there have been several transfers of shares worth more than $3 billion from Cascade to French Gates, including Deere, Canadian National Railway Co. and AutoNation Inc.
That’s just a fraction of the approximately $50 billion in public equities reported by the firm.
gates-divorce-spurs-changes-to-foundation
The fate of the foundation is just one aspect of the divorce.
Gates, 65, a Microsoft co-founder, is the fourth-richest person in the world, with a net worth of $143.8 billion, according to the Bloomberg Billionaires Index.
His biggest asset is Cascade, the holding company he created with the proceeds of Microsoft stock sales and dividends that’s run by Larson. Through Cascade,
Gates has interests in real estate, energy and hospitality as well as stakes in dozens of public companies, including Canadian National Railway and Deere & Co.
The Gateses are also among the largest private landowners in the U.S.
In recent weeks, there have been several transfers of shares worth more than $3 billion from Cascade to French Gates, including Deere, Canadian National Railway Co. and AutoNation Inc.
That’s just a fraction of the approximately $50 billion in public equities reported by the firm.
gates-divorce-spurs-changes-to-foundation
