Bill Gates and Melinda French Gates have officially separated
Melinda French Gates’s divorce from Bill Gates has finally become official; But it is unclear how the huge wealth of the Gates Foundation will be distributed.
Bill Gates and Melinda French Gates decided to divorce on May 3 after 27 years of living together and filed for divorce. Three months later, the separation of one of the richest and most powerful couples in the world was finalized by a judge in King Washington County.
According to the Varge News Agency, the court case shows that neither party will change his name or enjoy “spouse support”; But it is not clear how Gates’ vast wealth will be distributed. In Washington state, all assets collected during the marriage must be divided equally after the divorce; But the details of how the assets are divided between the two have not yet been announced.
According to the Bloomberg Billionaires Index, Bill Gates is currently the fourth richest person in the world with a fortune of $ 151 billion. The judge who finalized the divorce only said that everything was “fair and just.”
Following the publicity of the couple’s divorce earlier this year, stories surfaced about Bill Gates’s misconduct at work. According to the Wall Street Journal, and according to the Microsoft board, Bill Gates should have resigned after investigating his possible relationship with one of his employees. However, Bill Gates resigned from the board in 2020 before the investigation was completed, and his spokesman claimed that this had nothing to do with recent issues. The spokesman said:
There was an affair about this about 20 years ago that ended amicably.
Microsoft board members have also reportedly focused on the relationship between Bill Gates and Jeffrey Epstein (sex offender). According to the New York Times, Gates befriended the investor in 2011, three years after the investor pleaded guilty.
Melinda French Gates says marriage to Bill Gates ‘just wasn’t healthy’ before divorce
The Times reported that “Ms. Gates was upset that her husband was spending time with a sex offender; “But Mr. Gates continued to do so.” On the other hand, a Gates spokesman told the Times: “The newspaper’s description of its meetings with Epstein and others about charity is incorrect.”
One of the biggest ambiguities after the divorce is the future of the Bill & Melinda Gates Foundation, which has about $ 50 billion in assets and is known as the second largest charity in the world. The foundation plans to pursue a two-year probationary period to see if the former couple can continue to work together as constructive and trustworthy, otherwise Melinda Gates will leave the foundation.
Mark Suzman, CEO of the Gates Foundation, said last month:
In such a case, Melinda will receive personal resources from Bill for philanthropy. These resources will be completely separate from the foundation’s endowment and will not be affected.
Bill Gates and Melinda French Gates donated another $ 15 billion to the foundation after the divorce was announced, bringing the total to $ 65 billion.
Melinda French Gates Opens Up About What Led to Divorce from Bill Gates: ‘I Couldn’t Trust What We Had’
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Melinda Gates, who is interested in a simple life free from controversy, talks to a Fortune reporter on one of the few occasions. You can read the free and abbreviated translation of this article below. The translation, of course, was a bit hasty.
Years before Melinda French met and married Bill Gates, she was in love, in love with a Mac computer! Melinda was born into a hard-working middle-class family in Dallas but now lives with America’s richest man in a large, high-tech mansion on the shores of Lake Washington. He is one of the founders of the Bill & Melinda Stakeholder Foundation, which has $ 37.6 billion in assets.
Bill and Melinda, who hope to spend $ 100 billion on humanitarian work in their lifetime , have already spent $ 14.4 billion on the foundation, more than the Rockefeller Foundation has spent since 1913.
Melinda – Bill Gates’s wife – spends a lot of energy on the administration of her charity foundation . Slowly He must talk about eradicating a disease that kills one million people a year.
The management of the important organization, which sometimes attends the meetings of the five African health ministers, is not a simple task and Melinda has to devote 30 hours a week to it.