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Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates and Melinda Gates is well-publicized. The event could lead to the splitting up of a fortune worth $140 billion, including stakes in several publicly traded companies.
Splitting up of assets has already begun with new filings revealing Melinda Gates getting stakes in four companies that were large holdings of Cascade Investments, the investment vehicle of Bill Gates.
AutoNation: A filing shows Melinda Gates owns 2.9 million shares of
AutoNation Inc. (NYSE: AN), worth around $314 million at press time on Monday. Melinda now owns 3.7% of AutoNation, which is America’s largest and most recognized auto retailer. The company reported first-quarter earnings in April with an all-time record of $2.79 in adjusted earnings per share. Same-store revenue was up 27% year-over-year to $5.9 billion. The company ended the first quarter with 315 locations in 18 states. AutoNation shares hit a 52-week high last week. Shares are
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