Melinda Gates’s divorce settlement may leave her with more than $60 billion

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Bill Gates and Melinda Gates announced in May that they would be divorced after 27 years of marriage. Divorce has a major impact on a couple’s personal and family life, but many question Gates’ fate. Bill Gates is the fourth wealthiest person in the world. , According to Forbes, raised $ 124 billion. According to CNBC, the pair poured much of their wealth into the Bill & Melinda Gates Foundation, the world’s largest private charitable foundation, with an estimated $ 51 billion in assets, but subsequent divorces have shifted these numbers. The couple’s net worth can change forever. When it comes to Melinda Gates’ wealth, the assets of a philanthropist and former Microsoft general manager are now intertwined with her husband’s assets. But according to Forbes, Melinda would be worth $ 65.25 billion if the pair evenly divided their property. Bill and Melinda have already begun to divide their wealth. On the day of the divorce announcement, Bill’s investment vehicle Cascade Investment has transferred nearly $ 2.4 billion in securities to Melinda, Forbes reports. Melinda’s net worth is currently at least $ 2.4 billion, but the transfer of shares has reduced Bill’s net worth slightly from $ 130.4 billion to an estimated $ 128.1 billion. He is still the fourth wealthiest person in the world. According to Forbes, the transfer of shares is almost certainly part of a couple’s divorce settlement. However, it is currently unknown how Gates divides the remaining wealth. Bill and Melinda “requested the court to split the assets under the terms of the separation agreement, but the details of the agreement were not disclosed,” Forbes said. “Filing doesn’t mention prenuptial agreements, but that doesn’t mean they don’t have prenuptial agreements because they aren’t obliged to disclose all of the filings.” Microsoft-based Washington and California Both states. The couple has a home and is in the property of the community. This means that all the money earned during marriage is considered shared and is often evenly divided in the case of divorce. But in Washington, as Forbes said, “the parties can agree to split their assets in a fair and impartial way.’ This could lead to a settlement that is not necessarily 50/50. According to CNBC, Gates also needs to sort out the fate of a $ 166 million real estate portfolio, a $ 130 million art collection, and a multi-billion dollar stake. Regardless of the exact breakdown, Gates’ divorce is shaped as follows: One of the most influential billionaire separations in history. Melinda Gates was able to receive more than Jeff Bezos’ ex-wife MacKenzie Scott. MacKenzie Scott received about $ 35 billion at the time of the divorce. Both Gates and Scott have experienced a remarkable divorce with a tech billionaire and are working together for philanthropy. The two women have previously signed the Giving Pledge. This is a promise to transfer most of our wealth for the rest of our lives. Currently, Gates and Scott are sending $ 40 million to the winners of the Equality Can’t Wait Challenge, a contest sponsored by Melinda Gates investment firm Pivot Ventures, according to CNN. This contest rewards ideas for promoting gender equality in the United States. Each award-winning organization will receive $ 10 million for the project. In a statement, Gates said, “We can break through historical patterns and promote gender equality, but we will raise organizations that are ready to raise women and girls, such as today’s award-winning organizations. Must be committed to. ” In terms of philanthropy, Bill and Melinda Gates have agreed to remain co-chairs of the Gates Foundation, which works to provide access and assistance to fair and global public health. However, the pair recently came up with an emergency response plan. At some point, they should no longer want to work together. In that case, Melinda would “resign as co-chair and receive” personal resources “from her estranged husband for her own philanthropy,” according to the FT. Read the couple’s full divorce statement here:

May, Bill & Melinda Gates Divorce decision 27 years after marriage.

Divorce will have a significant impact on a couple’s personal and family life, but many question Gates’ fate.

Bill Gates is the world Fourth wealthy person, Accumulated, according to Forbes, $ 124 billion.Pairs have much of their wealth Bill & Melinda Gates FoundationThe world’s largest private charitable foundation, with an estimated $ 51 billion in assets, According to CNBC..However, subsequent divorces could shift these numbers and permanently change the couple’s net worth.When it comes to Melinda Gates’ wealth, the assets of a philanthropist and former Microsoft general manager are now intertwined with her husband’s assets.But according to Forbes, Melinda is worth $ 65.25 billion if the pair divides their property evenly.Bill and Melinda have already begun to divide their wealth.On the day of the divorce announcement, Bill’s investment vehicle Cascade Investment reported that it had transferred nearly $ 2.4 billion in securities to Melinda. Forbes.. Melinda’s net worth is currently at least $ 2.4 billion, but the transfer of shares has reduced Bill’s net worth slightly from $ 130.4 billion to an estimated $ 128.1 billion. He is still the fourth wealthiest person in the world.according to Forbes, Share transfer is almost certainly part of a couple’s divorce settlement.However, it is currently unknown how Gates divides the remaining wealth. Bill and Melinda “requested the court to split the assets under the terms of the separation agreement, but the details of the agreement were not disclosed.” Forbes OK. “”Filing does not mention Prenuptial agreementBut that doesn’t mean they don’t have it, as they aren’t obliged to disclose everything in the filing. “Washington, where Microsoft is based, and California, where the couple owns a home, are both community property states. This means that all money earned during marriage is considered shared and is often evenly distributed in the case of divorce.But in Washington Forbes “The parties can agree to split their assets in a” fair and impartial “method. This can lead to settlements that are not necessarily 50/50… ” Gates also needs to sort out the fate of a $ 166 million real estate portfolio, a $ 130 million art collection, and a multi-billion dollar stake. CNBC..Regardless of the exact breakdown, Gates’ divorce is becoming one of the most influential billionaire separations in history. Melinda Gates was able to receive more than Jeff Bezos’ ex-wife MacKenzie Scott. About $ 35 billion At the time of her divorce.Both Gates and Scott have experienced a remarkable divorce with a tech billionaire and are working together for philanthropy. The two women have previously signed the Giving Pledge. This is a promise to transfer most of our wealth for the rest of our lives. Now, CNNGates and Scott spend $ 40 million Equality winner can’t wait for challenge, A contest sponsored by Melinda Gates investment firm Pivotal Ventures, rewards ideas for promoting gender equality in the United States. Each award-winning organization will receive $ 10 million for the project.“We can break through historical patterns and promote gender equality, but we must be committed to lifting organizations that are ready to lift women and girls, such as today’s award-winning organizations. I can’t, “said Gates. Said In the statement.In terms of philanthropy, Bill and Melinda Gates have agreed to remain co-chairs of the Gates Foundation, which works to provide access and assistance to fair and global public health. However, the pair recently came up with an emergency response plan. At some point, they should no longer want to work together. In that case, Melinda FT, “Resigns as Co-Chair and receives” personal resources “from her estranged husband for her own philanthropy. ”Read the couple’s full divorce statement here:This content is imported from Twitter. You may be able to find the same content on their website in different formats, or you may be able to find more information.Melinda Gates’s divorce settlement may leave her with more than $60 billion Source link Melinda Gates’s divorce settlement may leave her with more than $60 billion

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