bill gates wife net worth
Bill Gates and his wife Melinda are to get divorced, he has said.
In a message on the Microsoft founder’s Twitter account, the couple said they made the decision after “a great deal of thought and a lot of work on our relationship”.
Gates, the fourth richest man in the world with a net worth of $130bn (£93bn), married Melinda in January 1994.
“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,” they said.
“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.”
The couple, who married on a golf course on the Hawaiian island of Lanai 27 years ago, have three children together - Jennifer, Rory and Phoebe.
They live in an earth-sheltered mansion on the side of a hill overlooking Lake Washington in Medina, Washington.
At age 31 in 1987, Gates was already the youngest billionaire ever, several years before he got married.
Image: Bill Gates married wife Melinda in 1994
He became the world’s richest man in 1995 at the age of 39 with a fortune of £12.9bn (9.2bn) - with his company Microsoft introducing Internet Explorer to the world later that year.
In 2000, the couple founded the Bill & Melinda Gates Foundation - a merging of the William H Gates Foundation and the Gates Learning Foundation - which is reported to be the largest private foundation in the world.
Please use Chrome browser for a more accessible video player Bill Gates discusses global pandemic
The foundation currently has over $51bn (£36.6bn) in assets, according to a tax filing cited by CNBC, and aims to enhance healthcare and reduce extreme poverty across the globe, as well as to expand educational opportunities and access to information technology in the US.
Image: The Gates' attending a meeting with the French president at the Elysee Palace in Paris in 2018
Gates' divorce announcement comes two years after Amazon founder Jeff Bezos said that he and his then-wife, MacKenzie Scott, were getting divorced, leaving her the world’s third-richest woman in 2019.
The former couple, who have four children, were married for 25 years and Ms Scott - helped Bezos start Amazon in 1994.
Ms Scott has since married a science teacher from her children’s school.
Her fortune is estimated to be worth around $53bn (£38.3bn), according to Forbes.
Image: Jeff Bezos and wife MacKenzie divorced in 2019
Despite Gates' fortune continuing to grow, he lost his spot as the richest man on the planet in 2008 for the first time in 13 years when he was surpassed by his friend Warren Buffet and Mexican telecom giant Carlos Slim Helu.
He is now in fourth place, according to Forbes, with Bezos nabbing the top spot with a fortune of $197bn (£141bn).
Bill and Melinda Gates are ending their marriage after 27 years
Bill and Melinda Gates married in 1994 and announced on Monday they were divorcing.
The Gates spend much of their $130 billion fortune on charity via the Bill and Melinda Foundation.
The pair have three children together and plan to continue work on their charitable foundation.
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Bill and Melinda Gates are ending their marriage of 27 years.
Melinda Gates and the Microsoft cofounder both tweeted on Monday a statement announcing the divorce.
“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” their statement said. “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.”
The philanthropists said in the statement that they planned to continue to work together on the Bill and Melinda Gates Foundation.
The pair married in 1994, seven years after Melinda Gates joined Microsoft as a product manager. When Bill Gates initially asked her out, he inquired if they could go out “two weeks from tonight.”
Melinda Gates said: “I have no idea what I’m doing two weeks from tonight.” Bill Gates responded: “You’re not spontaneous enough for me.” After taking her number, he ended up calling her that same day.
They have three children together, including one who is a nationally ranked equestrian show jumper. Each of the Gates children will inherit $10 million, Bill Gates has said, and the rest of the Gates' fortune will go to charity.
About the time that the pair met, Microsoft had a market capitalization of about $35 billion. Now, that figure is almost $2 trillion, and Microsoft is one of the most valuable companies.
Bill Gates has an estimated net worth of $124 billion, which grew from $98 billion in 2020, according to Forbes. He is No. 4 on the outlet’s ranking of the world’s billionaires.
Forbes named Melinda Gates one of the most powerful women in philanthropy, placing her at the No. 5 spot on its “Power Women 2020” list. Melinda Gates has changed her Twitter-profile name to Melinda French Gates, incorporating her maiden name into the moniker.
The Gates' have long said they will spend their fortune on philanthropic causes, particularly through the Bill and Melinda Gate Foundation. They launched the organization in 2000 and have given billions to global health, poverty, and education.
The Bill and Melinda Gates Foundation has donated upward of $250 million to coronavirus-response efforts since the pandemic began in March 2020.
In 2010, they launched The Giving Pledge with the billionaire investor Warren Buffett, a commitment to give most of their wealth to charity during their lifetime or pledge to do so after their death.
Details about the divorce are unclear, but the resulting settlement could be one of the largest ever. When Amazon CEO Jeff Bezos and his wife, MacKenzie, split up in 2019, their settlement was $38 billion. The settlement made MacKenzie Scott the third-wealthiest woman.
The Gates' split is likely to lead to questions from those in the nonprofit world wondering how, if at all, the foundation’s decision-making around investments will be affected.
Bill & Melinda Gates to divorce, shaking philanthropic world
Billionaire couple Bill Gates and Melinda Gates said in a joint statement on Monday that they have decided to end their marriage.
pic.twitter.com/padmHSgWGc May 3, 2021 “After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” the two said in a statement posted on the Twitter account of Bill Gates, who co-founded Microsoft Corp.
The couple has three children together. “We no longer believe we can grow together as a couple in the next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life,” their statement said.The couple has three children together.
The financial details of the decision were not immediately clear.
Bill Gates is one of the richest individuals in the world, with a net worth estimated at $130.5 billion according to Forbes.
During the coronavirus crisis, the Gates invested in medicine and vaccine development. Notably, Gates had predicted back in 2015 that if a global pandemic struck, the world wouldn’t be prepared. The couple has donated tens of billions of dollars to charity and have been heavily involved in philanthropy efforts with their foundation.During the coronavirus crisis, the Gates invested in medicine and vaccine development. Notably, Gates had predicted back in 2015 that if a global pandemic struck, the world wouldn’t be prepared.
Due to his name being linked to many medical and vaccine development efforts as well as his prediction from five years ago, many conspiracy theorists include Gates in their theories regarding the coronavirus pandemic. One popular theory claims that Gates is tricking the world with his position on vaccines, which are in fact merely a ruse to inject billions of people across the globe with microchips. The two were co-chairs and trustees of their nonprofit Bill and Melinda Gates Foundation for more than 20 years. The foundation currently has over $51 billion in assets, according to a tax filing cited by CNBC.