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Wealth

Melinda Gates Tops $3 Billion From Cascade With Deere Transfer

  • Investment firm transferred $851 million of machinery maker
  • Cascade, run by Michael Larson, has $52 billion in equities
Melinda Gates.

Melinda Gates.

Photographer: Jasper Juinen/Bloomberg
Pierre Paulden

Cascade Investment, the investment company created by Bill Gates, transferred stock in Deere & Co. to Melinda French Gates, bringing the total amount she’s received since they announced their divorce this month to more than $3 billion.

The investment vehicle transferred about 2.25 million shares worth about $851 million, according to a regulatory filing. That followed similar disclosures tied to Mexican companies Coca-Cola Femsa and Grupo Televisa and about $1.8 billion of stock in Canadian National Railway Co. and AutoNation Inc.