World

World

Gates Divorce Talks Begun in 2019 on Epstein Link, WSJ Says

WASHINGTON - OCTOBER 15: Microsoft Corporation Chairman Bill Gates (L) and his wife Melinda attend a ceremony presenting them with the 2010 J. William Fulbright Prize for International Understanding at the Library of Congress October 15, 2010 in Washington, DC. The Fulbright Prize recognized the Gates' philanthropic work through the Bill and Melinda Gates Foundation and their work and charitable contributions in improving the health and education opportunities of people around the globe. (Photo by Win McNamee/Getty Images)

Melinda French Gates began working with divorce lawyers well over a year before her split with Bill Gates was announced last week, partly over concerns about her husband’s dealings with convicted sex offender Jeffrey Epstein, according to the Wall Street Journal.

By Anders Melin

Word Count: 365
(Bloomberg) — 

The 56-year-old spoke with attorneys from several firms as early as October 2019, saying the marriage was “irretrievably broken,” the Journal reported Sunday, citing documents and people familiar with the matter. Her unease about her ex-husband’s ties to Epstein dates back to at least 2013, the paper said.

The New York Times reported in October 2019 that the billionaire had met with Epstein several times, and once stayed late at his New York townhouse. A spokeswoman for Microsoft Corp. co-founder said at the time that the meetings had centered on philanthropy. Epstein had died in jail two months prior while awaiting trial on federal charges related to sex trafficking.

The divorce was negotiated during the pandemic, involving legal teams working with a mediator to divide their fortune, which the Bloomberg Billionaires Index pegs at $145 billion.

Read also: Gates divorce roils world’s biggest family philanthropy engine

The couple said that they plan on remaining co-chairs and trustees of the Bill & Melinda Gates Foundation. Billionaire Warren Buffett serves as the foundation’s third trustee. All three have vowed to give away the vast majority of their wealth.

In the days after the split was announced, a holding company that Bill Gates created transferred equity stakes in four different companies, worth more than $2 billion in aggregate, to Melinda French Gates, Bloomberg News has reported. The bulk of it is from about 14.1 million shares in Canadian National Railway Co.

Days before he died in a New York jail, Epstein named a little-known biotech venture capitalist named Boris Nikolic as backup executor of his will. Nikolic had worked as a science adviser to Bill Gates and more recently funded more than a dozen firms in gene editing and other health technologies.

In an emailed statement at the time, Nikolic told Bloomberg that Epstein had not consulted him about the will and that he had no intention to fulfill the duties.

(Updates with share transfers in sixth paragraph)
Gallery

Comments - Please in order to comment.

  • Kanu Sukha says:

    Given that psychopaths like Epstein (and Trump) have the ability to ‘blindside’ people (even those with intelligence), one hopes that Bill’s involvement did not relate to or involve the shenanigans that Epstein was involved in ! Many persons are and have been ‘taken in’ by psychopaths .

Please peer review 3 community comments before your comment can be posted

We would like our readers to start paying for Daily Maverick...

…but we are not going to force you to. Over 10 million users come to us each month for the news. We have not put it behind a paywall because the truth should not be a luxury.

Instead we ask our readers who can afford to contribute, even a small amount each month, to do so.

If you appreciate it and want to see us keep going then please consider contributing whatever you can.

Support Daily Maverick→
Payment options

Daily Maverick Elections Toolbox

Feeling powerless in politics?

Equip yourself with the tools you need for an informed decision this election. Get the Elections Toolbox with shareable party manifesto guide.