Stocks That Can Be Affected By Bill Gates’ Divorce


After 27 years of marriage, Bill and Melinda Gates, two of the world’s most influential philanthropists, have divorced. The couple was estimated to be worth $124 billion. The split raises concerns about the foundation’s future. Bill and Melinda Gates’ 27-year marriage has come to an end. A divorce petition was filed by the pair. They’ve already decided how their assets will be divided. Bill Gates transfers $2 billion in stock to Melinda Gates. Microsoft Corporation founder Bill Gates’ largest asset is Cascade Investment. Cascade has been in charge of a wide portfolio of assets in the real estate, oil, and hospitality sectors. Gates’ investment firm had a $12 billion interest in Deere & Company, a manufacturer of agricultural machinery. The Bill and Melinda Gates Foundation Trust holds $132.3 million worth of Apple Inc. stock. In the fourth quarter, Cathie Wood’s ARK Fintech Innovation ETF sold 30% of its Apple holdings. Walmart is also owned by Gates’ foundation. The $1.7 billion fund holds 11,603,000 shares in the business conglomerate. In a FOX Business interview, Bill Gates’ family and matrimonial attorney Vicky Poumpouridis confirmed that Bill Gates intends to donate his fortune to charity rather than hand it on to his children. Bill and his ex-wife plan to collaborate on behalf of the foundation.

Insider Monkey reviews the 10 stocks that can be affected by Bill Gates’ divorce. The delivery company United Parcel Service Inc is Bill and Melinda Gates’ tenth-largest stock holding.  The air courier service FedEx Corporation has been in Gates’ portfolio for a long time. FedEx Corporation has a dividend yield of just less than 1%, but it has a long dividend history. Crown Castle International Corp. currently pays a 2.90 percent quarterly dividend. Recently, the number of bullish hedge fund positions was reduced by two. At the end of December, the foundation owned 5.3 million Crown Castle International shares. Bill and Melinda Gates’ holdings in Ecolab Inc. are the seventh-largest in their portfolio. For the last decade, the foundation has held a stake in Ecolab. In the last ten years, ECL’s stock has increased by nearly 340 percent. Walmart Inc. a grocery store chain, has paid dividends for 47 years in a row. It is Gates’ sixth-largest stock holding, accounting for 6.38 percent of his total portfolio value. For more companies on this list, click Will Bill Gates’ Divorce Affect These Stocks?.