Gates divorce: Melinda gets more than $3 billion from Cascade investment

Cascade Investment, the investment company created by Bill Gates, transferred stock in Deere & Co. to Melinda French Gates, bringing the total amount she’s received since they announced their divorce this month to more than $3 billion.

The investment vehicle transferred about 2.25 million shares worth about $851 million, according to a regulatory filing. That followed similar disclosures tied to Mexican companies Coca-Cola Femsa and Grupo Televisa and about $1.8 billion of stock in Canadian National Railway Co. and AutoNation Inc.

The separation involves the transfer of wealth on a scale that’s rarely seen. Cascade, which is managed by Michael Larson, has