Bill and Melinda Gates are divorcing after 27 years of their marriage, as they announced on Twitter.
The pair tweeted,
“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage. Over the last 27 years, we have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives. We continue to share a belief in that mission and will continue our work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life.
– Melinda Gates and Bill Gates”
The couple has also founded their philanthropic organization in the year 2000, the Bill and Melinda Gates Foundation. Since then, the foundation has worked on a wide range of initiatives to tackle global issues such as poverty, global health and more. The foundation has spent around $53.8 billion since it was founded.
Melinda Gates filed a petition asking the judge in King County, Washington to dissolve their marriage by divorce on Monday. She has filed the petition to dissolve the marriage based on the couple’s separation contract. No financial details were included in the publicly available documents, so yet it is undisclosed about the separation of properties.
So, yet the most expensive divorce is that of Jeff Bezos and MacKenzie Bezos. The couple was divorced after 25 years of marriage. The divorce was granted by a King County, Washington judge formalizing the separation which led Jeff Bezos to transfer 19.7 million shares of Amazon.com Inc. to MacKenzie’s name.
As there are many similarities in the life of both billionaires, Bezos and Gates. Both the billionaires were self-made, and now both will be separated after 20+ years of marriage. Yet, the financial separation will be similar or not in Bill Gates Divorce with his wife is yet to be undisclosed.
Gates is listed as one of the richest people in the world in Forbes, with a net worth estimation of $130.5 Billion. Bill Gates co-founded Microsoft Corp. with Paul Allen (d. 2018) on April 4, 1975, but he has sold or given away much of his stake in Microsoft. He now only owns just over 1% of shares of Microsoft and invested in a mix of stocks and other assets.
In March 2020, Gates stepped down as a board member of Microsoft. Till now, Gates has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.
In the tweet, the couple has asked for space and privacy for their family as they will start to navigate new post-divorce life. But will continue to work together for their foundation.