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May 5, 2021

Gates pair divorce world’s most expensive

Top Story

May 5, 2021

File photo of Bill and Melinda Gates.

NEW YORK: Bill and Melinda Gates, the influential billionaire couple in charge of the world’s largest private foundation, are divorcing after 27 years of marriage, the pair said Monday in separate announcements on Twitter.

In the divorce filing, the couple stated their marriage is “irretrievably broken.” Bill and Melinda will remain co-chairs of The Bill and Melinda Gates Foundation, and they will continue to work together to shape the strategies of the foundation and set the organization’s direction, according to a statement by the couple’s spokesperson.

“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,” the statement says. 

“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.”

Bill Gates, who in 1975 cofounded Microsoft MSFT -2.1%, is worth $146 billion (Rs224 trillion), according Bloomberg Index, making him the fourth richest person in the world. 

Forbes, however, puts his worth $130.5 billion. The couple asked the court to divide their assets based on the terms of the separation contract, but details of the contract weren’t disclosed. 

The filing does not mention a prenup, but that doesn’t mean they don’t have one, since they aren’t obligated to disclose everything on the filing. Due to the sheer size of their fortune, the split will likely be one of the largest divorce settlements in history.