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Bill and Melinda Gates start dividing a $145 billion fortune banglamirrornews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from banglamirrornews.com Daily Mail and Mail on Sunday newspapers.
Details of the split have already started to emerge.
Cascade Investment, a holding company Bill created with his Microsoft winnings, transferred securities worth more than $1.8 billion to Melinda French Gates, according to US regulatory filings dated May 3. The shift comprised about $1.5 billion of Canadian National Railway Co. shares and more than $300 million of AutoNation stock. Cascade holds securities valued at more than $50 billion, including stakes in Republic Services, Deere & Co. and Ecolab.
How their wealth is ultimately divvied up is set to shake up the uppermost ranks of the world’s richest people and could have billion-dollar implications on what philanthropic causes get attention.
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