Do Bill & Melinda have to separate their assets? Here's what their divorce means

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Preneil Pillay

173 days ago
Do Bill & Melinda have to separate their assets? Here's what their divorce means Do Bill & Melinda have to separate their assets? Here's what their divorce means

Photo by Tadas Sar on Unsplash

After 27 years of marriage, Bill and Melinda Gates will divorce. The pair commands an estimated $146 Billion (more than R2 trillion), according to the Bloomberg Billionaires index.

How will the money be split?

Do they have to sell all their assets?

What is the process?

Anele and the Club caught up with Arabile Gumede to find out more about the transitional process.

Listen to the conversation below and download the podcast...

Previously

"You can’t claim if you have just been working from your bed the entire 6 months." - Arabile Gumede

Here are the requirements on how you'll be able to claim back from SARS if you've been working from home.

Read the full article on how to claim back from SARS if you've been working from home.

Is it too late to buy bitcoin?

Bitcoin hits another record, passes $60 000 for the first time

Bitcoin briefly rose above $60 000 for the first time on Saturday, as increasing backing from corporate heavyweights helps the world's most popular virtual currency continue its record-breaking run.

The cryptocurrency hit an all-time high of $60 012 at 11:49 GMT, according to the website CoinMarketCap.

RELATED | Should you be buying Sasol shares right now? We have the scoop.

Bitcoin has been on a meteoric rise since March last year, when it stood at $5 000, spurred by online payments giant PayPal saying it would allow account holders to use cryptocurrency.

Last month Elon Musk's electric carmaker Tesla invested $1.5 billion in the virtual unit, while Twitter chief Jack Dorsey and rap mogul Jay-Z said they are creating a fund aimed at making Bitcoin "the internet's currency".
Others jumping on the bandwagon include Wall Street player BNY Mellon, investment fund giant BlackRock and credit card titan Mastercard.

Read the full piece by clicking here.

You can listen to more episodes of the Money Minute with Anele and the Club and Arabile Gumede - Wednesdays at 07:25.

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