We’ll be getting a new billionaire to our list: Melinda French. The ex wife of Bill gates. Recently the news just hit us, Bill gates and Melinda are filing for a divorce. But how should you invest after a divorce? Well watch this video and find out.
00:00 There getting a Divorce
So there getting a divorce. They can’t grow as a couple anymore. But the question arises if you get a divorce, how should you be investing the money you still have left. what to do if you don’t have a prenup
01:06 Before you sign anything
Take a look at your marriage papers did you sign a prenup agreement? Who owns what? If you didn’t, that means you have to share everything you own. And if you’re not only a million but a billionaire, just like jeff bezos, sergey brin and bill gates that means you’ll have to give away half of your belongings. Jeff bezos and bill gates got married before they were incredibly wealthy. Now when we take a look at a different billionaire couple, like kim Kardashian and Kanye West. They were wealthy before they got married. So they got a prenup agreement when they got married. I suppose we’ll always keep that discussion, should you get married with or without prenup agreement. It’s as if you’ve always doubted each other, so let’s keep all stakes separated. Then what’s the idea of getting married all along?
03:00 After divorce
So, the next step is cancel all joint accounts, it’s over so even the joint ventures. Cancel all joint accounts, everything related to your ex -partner because you really need to get a new start. When we take a look at bill gates and his ex wife, they’ll be managing their foundation together, and yet, one is going to take the lead, and the other one is going to follow. Just like jeff bezos and Mackenzie scott. They said they would both keep on donating to their foundation and they did where Mackenzie donated over 6 billion dollars last year jeff bezos topped it off with an amazing 10 billion dollars.
05:09 Analyse your own investments
Now that you have cut off all financial supplies to your ex partner… the next step is to analyse your own investments. When we take a look at jeff bezos and Mackenzie scott who got a divorced back in 2019. Mackenzie made the choice that she wouldn’t want to have shares in blue origin and the washinton post those didn’t make sense to her. So she made the choice to give those to jeff bezos.
And this is so important to check your investments you’ve gotten half of everything you both owned together, but the investments that you own does it make any sense? Check what you should keep, and can keep, and what you should get rid off.
07:11 Congratulations!
You’ve said goodbye to your old life, your life partner for many years and you’ve grieved about it. So, now you need to start your new financial life again. How will your life look like for now? Where will you live? What expenses will you get from now on? What new goals will you be setting for yourself? Will you be doing things you’ve never done before? Or have you already found a new way of life? The very first thing is, make an overview, and then the best choice is to sit together with a financial advisor, to see what is all possible. Because in the end, having someone independently looking along with your plans will make it an objective point of view and he might give you good advice on how to spend your finances to make the right decisions for you, before you’ll be wasting your money on things you don’t need or do not fit your new life goals.