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Melinda French Gates Now Owns $5.7 Billion in Stock Post-Divorce

  • Gates’s Cascade conveys millions of shares to his former wife
  • Transactions come days after ex-couple’s divorce is finalized
Bill Gates and Melinda French Gates
Bill Gates and Melinda French Gates
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Days after finalizing their divorce following 27 years of marriage, Bill Gates and Melinda French Gates resumed the process of splitting up their public assets.

On Thursday, Gates’s Cascade Investment conveyed 3.3 million shares of AutoNation Inc. now worth about $387 million to French Gates, as well as 2.8 million shares of Deere & Co. valued at about $1 billion and 9.5 million shares of Canadian National Railway Co. totaling in excess of $1 billion, according to filings with the Securities and Exchange Commission.