Bill Gates Is No Longer The Fourth-Richest Person In The World After Stock Transfers To Melinda French Gates

American businessman and philanthropist Bill Gates makes a speech at the Malaria Summit at 8 … [+] Northumberland Avenue on April 18, 2018, in London, England. Getty Images Melinda French Gates is now worth an estimated $5.7 billion after a fresh set of stock transfers from ex-husband Bill Gates. The pair are in the process of dividing up their assets after their divorce was finalized last week. The stock transfers to Melinda were enough to make Bill lose his spot as the fourth-richest person in the world, according to Forbes’ real time billionaire ranking. At $129.6 billion, Bill is now worth slightly less than Facebook FB CEO Mark Zuckerberg, according to Forbes, and is now the fifth-richest person in the world. Bill’s investment vehicle, Cascade Investment LLC, transferred nearly $2.4 billion worth of stocks to Melinda on Thursday, according to new SEC filings. The share transfers were first reported by Bloomberg on Monday. In May, days after the couple announced their divorce, Bill transferred $3.2 b… Click below to read the full story from Forbes
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