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Melinda Gates Receives Shares Worth $1.8 Billion From Cascade Investment Amid Divorce News

Earlier, the US multibillionaire entrepreneur and Microsoft founder, Bill Gates, and his wife announced a break up after almost three decades of marriage. The divorce proceedings are expected to become some of the most pricy in the world, as they could split up a fortune of around $145 billion, according to Bloomberg estimates.

The Cascade Investment fund, through which Bill Gates operates shares of a number of large companies, on May 3 transferred securities valued at an estimated $1.8 billion to his wife Melinda Gates, the New York Post reported on Wednesday, citing a Securities and Exchange Commission filing dated the same day.