Transferring wealth to Melinda, Bill Gates dropped to the 5th richest position in the world

 


Bill Gates recently completed the divorce process with Melinda. Although the division of assets was not specified in detail, the Microsoft founder was noted to have given large sums of money or shares to his ex -wife.
Bill Gates ’investment company, Cascade Investment LLC, has transferred USD 2.4 billion worth of shares to Melinda. Last May, Bill also gave Melinda assets worth USD 3.2 billion, so Melinda's wealth is currently in the range of USD 5.6 billion.



According to Forbes, the division of wealth has ranked Bill Gates as the fourth richest person in the world to fifth place with USD 129.6 billion. He was beaten by Facebook founder Mark Zuckerberg by $ 132 billion.





 Bill Gates was once a client of the richest man in the world and even though he was later dropped, he was never knocked out of the top four. So, this is the first time he finished fifth.



In addition to real estate, Bill and Melinda will share their vast wealth. The two are also still working together to manage the Bill & Melinda Gates Foundation charity. Still, there’s an agreement that if you can’t work together for two years, Melinda will resign from there.



Married for 27 years to Melinda, of course many memories are carved by Bill Gates. The Microsoft founder also expressed his sadness that they had to split up.



"This is a sad point. Melinda is an amazing person and that partnership we have ended is a source of personal grief," Gates said.



"I'm contemplating. At this point, I need to move forward. You know, my job is very important, my family will heal and learn from what has happened," Bill Gates added.
Transferring wealth to Melinda, Bill Gates dropped to the 5th richest position in the world Transferring wealth to Melinda, Bill Gates dropped to the 5th richest position in the world Reviewed by thecekodok on 5:31:00 AM Rating: 5
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