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Bill Gates transferred $850M in Deere shares to Melinda Gates: WSJ

The total value of all shares publicly disclosed to have been transferred to Melinda Gates now exceeds $3 billion, a report said.

Bill Gates transferred more than $850 million in shares of Deere & Co. to his estranged wife Melinda French Gates, according to a report.

That brings the total value of shares transferred to Melinda Gates to more than $3 billion, The Wall Street Journal reported Tuesday, referring to shares that the couple has publicly acknowledged transferring since May 3, when they announced plans to divorce after 27 years together.

The Deer transfer represents 2.25 million shares in the Illinois maker of farm equipment and other devices, representing about 7% of the Microsoft co-founder’s total investment in the company, the Journal report said.