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Melinda French Gates, Ex-Wife of Bill Gates, to Join Seattle Kraken as Minority Investor
French Gates is making her first investment in a pro sports team as a minority investor, pending National Hockey League approval, the Kraken said.
- On Monday, billionaire philanthropist Melinda French Gates announced she is joining the Seattle Kraken ownership group as a minority investor, pending NHL approval.
- The investment aligns French Gates with majority owner Samantha Holloway, who leads One Roof Sports and Entertainment, overseeing the Kraken and Climate Pledge Arena.
- French Gates described herself as a "big believer in the power of sports," praising Holloway's leadership and innovative approach as a natural fit for the partnership.
- This acquisition coincides with One Roof's ongoing efforts to secure an NBA expansion franchise for Seattle, where French Gates could potentially have a stake.
- With a net worth of $30 billion according to Forbes, French Gates joins an ownership group that includes Amazon CEO Andy Jassy and producer Jerry Bruckheimer.
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Associated Press News+11 Reposted by 11 other sources
Melinda French Gates, ex-wife of Bill Gates, to join Seattle Kraken as minority investor
Melinda French Gates, a billionaire philanthropist and businesswoman, will join the Seattle Kraken as a minority investor, pending NHL approval.
·New York, United States
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A sports power play for Melinda French Gates as she takes minority stake in Seattle Kraken hockey team
Melinda French Gates, left, and Samatha Holloway, One Roof Sports and Entertainment majority owner and managing partner, in the Seattle Kraken locker room at Climate Pledge Arena. (One Roof Sports and Entertainment Photo) Seattle Kraken fans, Melinda French Gates is ready to “see you in the deep.” The billionaire philanthropist and the NHL team’s ownership group announced Monday that French Gates is taking a stake in the Kraken as a minority inv…
·Seattle, United States
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Coverage Details
Total News Sources23
Leaning Left4Leaning Right3Center11Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 22%
C 61%
R 17%
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