Bill Gate and wife divorce after 27 years of marriage
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Bill Gate and wife divorce after 27 years of marriage

Bill Gate and wife divorce after 27 years of marriage

Microsoft Corp. co-founder Bill Gates and his wife, Melinda Gates, who is co-chair of their philanthropic foundation, are ending their 27-year marriage.

This was revealed to the public through a statement posted on both their verified Twitter accounts.

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“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” said the statement, which was signed by both couple.

The couple have three children together and jointly formed the Bill & Melinda Gates Foundation, which oversees the charitable ventures to which the billionaire philanthropist couple have devoted their fortune.

“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,” they said.

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Mr Gates, 65, last year announced he was stepping down from the boards of Berkshire Hathaway Inc. and Microsoft, the software company he founded in 1975 with childhood friend Paul Allen.

Mr Gates built Microsoft into one of the most dominant forces in the then still emerging business of personal computing.

In 2000, he handed the role of CEO to longtime colleague Steve Ballmer.

He scaled back involvement in day-to-day operations of Microsoft in 2008, focusing more on the foundation’s work.

He remained active at the Redmond, Wash., company as its chairman until 2014, when Satya Nadella became CEO and Mr Gates became a regular board member.

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At the foundation, Ms Gates, born Melinda French, has played a high-profile public role on par with that of her husband.

She has represented the organisation both in remote places and political power centers.

The foundation says it aims to fight poverty, disease and inequity and gives away billions of dollars annually in direct grants.

It has committed more than $1.75 billion to back the global response to the Covid-19 pandemic, including efforts to produce 100 million doses of vaccines for poorer countries.

Forbes said the organisation is the world’s largest private charitable foundation.

The couple during a reception in Seattle shortly after their January 1994 wedding.

The couple during a reception in Seattle shortly after their January 1994 wedding.

Ms Gates also created Pivotal Ventures in 2015, an investment company, independent of the foundation, working on advancing social progress in the U.S.

Mr Gates and Warren Buffett in 2010 kick-started the so-called Giving Pledge to encourage U.S. tycoons to start making donations earlier in their lives, while they can still be involved in choosing how to spend it.

The Giving Pledge has expanded with more than 200 people committing to the initiative from 25 countries.

Mr Gates is listed by Forbes as the world’s fourth wealthiest person—with a net worth of $130.5 billion—after Amazon.com Inc. founder Jeff Bezos, French luxury-goods tycoon Bernard Arnault and his family and Tesla Inc. Chief Executive Elon Musk.

Most of the Gates family’s wealth is held by a personal investment firm called Cascade Investment LLC.

Mr Bezos and his wife, MacKenzie Scott, divorced in 2019 after a 25-year marriage during which Mr Bezos built one of the world’s most valuable companies.

Source: www.spotonnews.net

Written by Joyceline Natally Cudjoe

An Entertainment Columnist, Content Writer, Blogger, Novelist, Poet, and a Publicist. For business or story tip off, contact me on +233 24 646 6866 or email: spotonnews.net@gmail.com