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Melinda Gates now owns roughly $3 billion across these 3 stocks as part of her divorce proceedings

Business Insider logo Business Insider 5/10/2021 (Matthew Fox)
Melinda Gates in a dark room: Bryan Bedder/Getty Images for THR © Bryan Bedder/Getty Images for THR Bryan Bedder/Getty Images for THR

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

Video: Bally's CEO on the company's latest acquisitions and the future (CNBC)


Market value: $314.4 million

% of shares outstanding: 3.65%

a car parked in a parking lot: Mario Anzouni/Reuters © Mario Anzouni/Reuters Mario Anzouni/Reuters

2. Canadian National Railway

Ticker: CNR (Toronto Stock Exchange)Shares owned: 14.1 millionMarket value: $1.6 billion% of shares outstanding: 1.98%

a train covered in snow: Reuters © Reuters Reuters

3. Grupo Televisa

Ticker: TV

Shares owned: 293.5 million

Market value: $1.2 billion

% of shares outstanding: 8.79%

a close up of a sign: Reuters © Reuters Reuters
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