Tencent Science and Technology News, May 25, according to the Bill & Melinda Gates Foundation Foundation (Bill & Melinda Gates Foundation) recently filed with the Securities and Exchange Commission (SEC), before Bill and Melinda Gates announced their divorce in early May, the foundation had fully cashed out hundreds of millions of dollars worth of Apple Inc and Twitter shares held by the foundation before the end of March.

The Bill and Melinda Gates Foundation, one of the largest trust funds in the world, disclosed that it made major adjustments to its shareholding before the couple announced their divorce.While emptying its shares in Apple Inc and Twitter, the foundation also began to build positions in South Korean e-commerce company Coupang.. So far, the Bill and Melinda Gates Foundation has not commented on the report.

Previous information shows that the Bill and Melinda Gates Foundation held 1 million Apple Inc shares at the end of 2020. But by March 31, 2021, the company had emptied all Apple Inc shares. Apple Inc's share price has been underperforming the market in 2021, falling 8 per cent in the first quarter and 2.7 per cent so far in the second quarter. By contrast, the s & p 500 rose 5.8% in the first quarter and 4.6% in the second quarter.

Despite its recent poor performance, Apple Inc stock is the most popular stock on Wall Street. In fact, Apple Inc stock is a component of the future focus stock index of Barron Weekly.CEO Tim Cook, who has been the head of the company for nearly a decade, testified in court last weekend for Apple Inc's court battle with "Fortnite" developer Epic to prove that the company is not a monopoly and that the purpose of banning third-party app stores is to protect users.

The Bill and Melinda Gates Foundation paid off its 272420 Twitter shares in the first quarter. Twitter shares have risen 17.5% in the first quarter and are down 14.4% so far in the second quarter. Before the Gates Foundation emptied its Twitter stock, the Gates couple announced their divorce plans on Twitter in early May.After Twitter released its first-quarter results, the company's shares fell in late April as investors were disappointed with the company's outlook and user growth data.. Ark Investment Management, which invests in Queen Cathie Wood, began building positions in Twitter shares in the same quarter as the Gates Foundation exited.

In addition to emptying Apple Inc and Twitter shares, the Gates Foundation bought 5.7 million Coupang shares in the first quarter. The South Korean e-commerce company launched an initial public offering in March.Coupang shares have fallen 23.0% since March 31, but are still up 8.6% from their initial public offering price of $35. Coupang had previously announced that the sales restrictions were lifted ahead of time, allowing employees to sell shares. The company's shares began to fall after lukewarm comments by analysts in April. Nonetheless, Coupang's stock rewarded early investor Softbank Corp..

Since the couple announced their divorce, Gates has transferred about $4 billion worth of company shares to Melinda. Gates is currently one of the richest men in the world, with a net worth of about $146 billion. It is reported that Bill and Melinda do not have a prenuptial agreement and rely on a "separation contract" to divide their assets. A prenuptial agreement establishes a contractual agreement at the time of divorce, but the separation contract is less formal-a legal agreement that sets out the rights and obligations of both parties, such as child support and guardianship, without involving the courts.