Melinda Gates ' divorce fromBill Gates has already led to the division of certainstocks .- About three stocks worth roughly $3 billion worth have been transferred to Melinda Gates over the past week.
- These are the three stocks that make up a bulk of the assets transferred to Melinda.
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The divorce of Bill and Melinda Gates announced earlier this week has already led to the division of assets between the couple that's worth more than $140 billion.
According to data from Bloomberg, regulatory filings made on May 3, the same date the couple announced their divorce, Melinda Gates has already received roughly $3 billion worth of stock from Cascade Investment, a holding company founded by Bill Gates.
More asset transfers are likely over the coming weeks and months, as the separation is expected to generate a wealth transfer not seen since the divorce of Jeff Bezos and Mackenzie Scott in 2019, which led to a $38 billion settlement.
Other potential stocks that could be transferred from Cascade Investment to Melinda Gates include Deere & Co., Republic Services, and Ecolab, which are heavily owned positions at the holding company.
These are the three stocks worth a combined $5 billion that have been transferred to Melinda Gates over the past week.
1. AutoNation
Ticker: AN
Shares owned: 2.9 million
Market value: $314.4 million
% of shares outstanding: 3.65%
2. Canadian National Railway
Ticker: CNR (Toronto Stock Exchange)
Shares owned: 14.1 million
Market value: $1.6 billion
% of shares outstanding: 1.98%
3. Grupo Televisa
Ticker: TV
Shares owned: 293.5 million
Market value: $1.2 billion
% of shares outstanding: 8.79%