The following video is brought to you courtesy of the Forbes YouTube Channel. Click the video below to watch it now.
In May, Melinda French Gates received more than $3 billion in stock from her soon-to-be ex-husband Bill Gates, making her a billionaire, today worth $3.2 billion. She received $851 million worth of shares of farm equipment maker Deere & Co according to SEC filings. She also received $2.4 billion worth of stock in four other companies: Canadian National Railway, car dealership group AutoNation, Mexican Coke bottler Coca-Cola Femsa, and Mexican broadcaster Grupo Televisa.
Bill remains the fourth-richest person in the world, with an estimated net worth of $126.6 billion. As for Melinda, it remains unclear how much of the fortune she will end up with following the divorce.
The pair asked a judge in Washington to follow a separation agreement, a contract signed when spouses are living apart but have not yet divorced. The terms of the contract have not been disclosed, so it is not yet known who will get their main family residence, a $131 million estate dubbed Xanadu 2.0, along with their other homes, private planes, and large farmland holdings.
While details of the split haven’t been confirmed by the pair, according to the Wall Street Journal, Melinda began consulting divorce lawyers as far back as 2019 after Bill’s meetings with deceased sexual predator Jeffrey Epstein came to light.
Read the full profile on Forbes: https://www.forbes.com/sites/rachelsandler/2021/05/19/melinda-french-gates-is-now-hundreds-of-millions-richer-after-new-transfer-of-shares-from-bill-gate/?sh=2b5d80bc3f1f
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.”