Melinda Gates reportedly rented a private $132,000-a-night island so that she and her family would be able to avoid media attention amid her divorce.
Melinda Gates reportedly rented a private $132,000-a-night island so that she and her family would be able to avoid media attention amid her divorce from her husband of 27 years, Microsoft co-founder Bill Gates.
Bill Gates reportedly gave Melinda Gates almost $2billion in stocks the same day she filed for divorce to end their marriage of 27 years.
On Monday, May 3, the couple announced that they are ending their marriage after 27 years, saying they “no longer believe we can grow together as a couple”.
The Billionaire couple said that the decision came after a "great deal of thought and work as they no longer believe they can grow together as a couple in this "next phase" of their lives.
According to docs obtained by TMZ, the 65-year-old Microsoft tycoon's investment firm Cascade Investment LLC transferred more than 14 million shares of Canadian National Railway Co. and more than 2.9 million shares of AutoNation Inc. to his estranged wife, the same day she filed for divorce.
Based on Wednesday April 5 stock prices, the shares are worth $1.8 billion.
The Microsoft co-founder turned philanthropist and his wife have built up a combined $124bn (£89bn) fortune, making them among the five richest couples in the world.
Courtroom paperwork revealed that Melinda Gates filed for divorce earlier this week, citing that her marriage to Bill was “irretrievably broken.”
The paperwork additionally requested the decision to rule that their marriage formally ended “as of the date in the separation contract.”
Surprisingly, it was additionally revealed that the billionaire couple doesn’t have a prenup in place.
Earlier this week, the billionaire couple announced their decision to end their marriage, writing in a joint statement at the time: “After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage.”
Melinda actually filed papers in court confirming that the marriage was “irretrievably broken.”
However, sources told TMZ that the couple had actually planned to make the announcement in March, at which point Melinda then rented Calivigny Island in Grenada to escape media scrutiny.
According to the outlet’s sources, the plan was for Melinda and the couple’s three children, as well as some family members, to stay on the island, which Bill was reportedly not invited to.
Calivigny is considered to be one of the most exclusive private islands in the world.
The island's Beach House residence offers 10 luxury suites and the master bedroom has its own jacuzzi room. The 80-acre island is reached by a five-minute boat ride from Grenada.
On why the couple delayed the news of their separation, the sources told TMZ that lawyers for both Bill and Melinda were trying to “hash out a divorce settlement,” but that Melinda decided to go to anyway.
Sources also said that the family has taken Melinda’s side for the most part and that it is not a “friendly split”.
On the day they announced their divorce, the Microsoft founder’s investment firm transferred $1.8bn in stock to his estranged wife, according to Bloomberg.
The Microsoft co-founder turned philanthropist and his wife built up a combined $124bn (£89bn) fortune together, making them among the five richest couples in the world.
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