The Bill and Melinda Gates Foundation sold $1.4 billion of all shares of Apple, Twitter and Amazon before announcing their divorce.

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Uninteresting. The Bill & Melinda Gates Foundation sold all of its shares in Apple, Twitter and Amazon ($ 1.4 billion in total) weeks before Bill and Melinda announced their divorce. In addition, they sell these shares to make huge profits.

The Bill & Melinda Gates Foundation is one of the largest charities in the world. According to legal documents related to these transactions, the shares were sold at the end of March. The price of the shares sold was not disclosed. However, each stock was worth hundreds of millions of dollars based on the stock price at the time. The fund has been holding these shares since early 2020. Bill Gates’ net worth is currently $146 billion. This does not reflect the billions of dollars in cuts he passed on to the wife he wanted for 27 years.

As of the end of March, the total assets of the Bill & Melinda Gates Foundation were just under $21 billion. This was down from $22.34 billion at the end of 2020. In addition to Apple and Amazon’s Twitter, the foundation has sold some of its shares in FedEx, UPS and Walmart.

Bill and Melinda filed for divorce in King County, Washington, in early May. Their divorce petition revealed no premarital agreement. At the time of submission, their total assets are estimated at $ 146 billion. At the time of this writing, Gates has transferred over $ 3 billion in shares to Melinda. This includes 2.25 million shares of Deere, a tractor maker worth $ 850 million.

The transfer of shares in two Mexican companies, Coca-Cola Femsa SA and Grupo Televisa SA, has made Melinda a major individual shareholder of these companies. Bill also transferred shares in Auto Nation and the Canadian National. By Tabula Sponsoring

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