Melinda French Gates gets billions in shares from Cascade


Melinda and Bill gates. File pic

NEW YORK: Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexico’s largest companies to Melinda French Gates, bringing the total amount she’s received in the past few days to more than US$2bil (RM8.24bil).

Cascade moved stock in Coca-Cola FEMSA and Grupo Televisa to her control, according to regulatory filings dated May 3, the same day the Gates’s announced they were ending their 27-year marriage.

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