On 3 May 2021, Bill Gates and Melinda French Gates had announced that they were ending their 27 years of marriage. Bill Gates is the co-founder and the former CEO of Microsoft whereas his wife Melinda French Gates is one of the most powerful women in the world. Let’s look at what would be the net worth of Bill Gates after the divorce as he is one of the richest men in the world.
About the Divorce
Net Worth of Bill Gates
Cascade Investment
Other holdings of Bill Gates
Dividing the Wealth
FAQ
About the Divorce
The couple had announced on 3 May 2021 that they have planned to end their 27 years of marriage life. Bill Gates and Melinda French Gates conveyed through Twitter that they had come to the decision to end their marriage after a great deal of thoughts and a lot of work on their relationship.
They added that they have raised 3 incredible children and also worked together to build a foundation that works across the globe which will enable all people to lead productive and healthy lives.
Net Worth of Bill Gates
Bill Gates is one of the richest men around the globe making him one of the world’s richest billionaires. A global high net worth data and intelligence company called Wealth-X has estimated the net worth of Bill Gates to be around USD 134.1 billion.
The success of Bill Gates had begun with Microsoft. But as of now, He has just 19.6 % of his wealth through the shares of Microsoft. According to Wealth-X, the amount added to Bill Gates’ net worth through Microsoft is estimated to be around USD 26.1 billion.
The majority of the money of Bill Gates is now tied up with Bill and Melinda Gates Foundation but the exact value is not yet revealed. Bill Gates has also joined with Warren Buffet where they together founded the Giving pledge which asks the billionaires to give away more than half of their wealth to philanthropy.
All these have been a hurdle in the division of wealth between Bill Gates and Melinda Gates making it much more complicated. They have separation agreements but it is seen that the terms have not yet been made public according to the court documents.
Ashwini
Cascade Investment
The Cascade Investment is considered to be one of the biggest assets of Bill Gates. He funded the company with the amount he received after the sales of Microsoft’s stock. According to Wealth-X, his investment in Cascade has a valuation of around USD 30 billion. This accounts for around 22 % of his net worth.
Through Cascade Investments Bill Gates has shareholdings worth of billions of dollars in different companies such as Deere and Company of around USD 11 billion, Canadian National Railways of around USD 11 billion and Diageo of around USD 1.6 billion.
Through Cascade investment Bill and Melinda Gates Foundation trust reportedly own stocks.
Other holdings of Bill Gates
The real estate portfolio of Bill Gates is considered to be worth multi billion dollars. According to Wealth-X, his portfolio is worth more than USD 160 million. Some of his valuable real estate investments include a lakeside home in Washington of around 66,000 square feet, 30-acre estate in Florida, two additional properties in California and so on. He also has a private island called Grand Bogue Caye in Belize.
The car collection of Bill Gates is estimated by Wealth-X to be around USD 650,000 and an extensive art collection estimated around USD 130 million which includes some works of Leonardo da Vinci. His car collection includes brands such as Porsche, Jaguar and Ferrari.
Other than these over the years, Bill Gates has provided billions of dollars to their foundation that is Bill and Melinda Gates Foundation.
Alan Joseph
Dividing the Wealth
Monica Mazzei who is a divorce attorney reacting towards Bill and Melinda’s foundation and family offices has said that the decision will depend on what extent both of them are planning to work together.
She said that even in the friendliest divorces she has seen the preference has always been to split the foundation into two so that there are fewer chances to mingle with each other and more freedom for each other. She said that the same was applicable to the family offices as well.
There are certain predictions that the assets may be divided into halves. The law of Washington states that any asset which is acquired during a marriage is equally owned by both the partners. But it does not mean exactly half, the court can allocate it according to what is just and right. According to Forbes, if the Bill gates and Melinda split their fortune equally, Melinda would be worth approximately $65.25 billion.
FAQ
What is Bill Gates wife worth?
According to Forbes, if the Bill gates and Melinda split their fortune equally, Melinda would be worth $65.25 billion.
What is the Net worth of Bill Gates?
The net worth of Bill Gates is 13,050 crores USD.
What is Bill Gates IQ?
The IQ of the Bill Gates is 160.
Conclusion
Since Bill Gates and Melinda Gates have clarified that they would be working together in the foundation and asked to provide some space and freedom, we will have to look forward to how the wealth will be divided among them.
Author: Alan Joseph
Source : https://startuptalky.com/bill-gates-net-worth-after-divorce/
Date : 2021-05-05T15:08:13.000Z