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Bill Gates’s firm ‘Cascade’ transfers stocks worth $1.8 billion to Melinda Gates amid divorce

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pinkvilla.com

In the recent development in the phenomenon of Bill and Melinda Gates divorce, a report has arisen that Bill Gates’s firm Cascade which manages his financial wealth transferred a whopping amount of $1.8 billion in stock to Melinda Gates this week.

Bill and Melinda never signed a prenup yet Melinda refused any spousal support from the billionaire. Bill, who is the co-founder of Microsoft now has less than 20% stake in the wealth generated from the software giant.

Melinda and Bill cleared the fact that the foundation which has donated over $50 billion in the last two decades will remain intact.Bill Gates’s Cascade Investment LLC transferred 14 million shares of Canadian National Railway Co.

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