Bill and Melinda Gates announce they are getting divorced.
Microsoft co-founder Bill Gates — who is worth an estimated $130 billion — and his wife, Melinda, are getting a divorce after 27 years of marriage.
The couple issued a joint statement on Monday Using their respective twitter handle.
“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,”
They continued, “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.”
Bill Gates and Melinda Gates started dating in 1987 after meeting at a trade show in New York and in 1994, they tied the knot in New Year’s Day in Hawaii.
The Couple share three children: Jennifer Gates, Rory Gates and Phoebe Gates who are 25 years, 21 years and 18 years respectively.
In 2000 Bill and Melinda Gates launched Bill and Melinda Gates Foundation whose primary goal is to enhance healthcare and reduce extreme poverty across the globe, and to expand educational opportunities and access to information technology in the U.S. The foundation is controlled by its three trustees: Bill Gates, Melinda Gates, and Warren Buffett.
The Seattle-based Bill and Melinda Gates Foundation is the most influential private foundation in the world, with an endowment worth nearly $50 billion.
David Callahan, founder of the Insider Philanthropy website and author of “The Givers: Wealth, Power, and Philanthropy in a New Gilded Age” commented on their divorce as it relates to their Foundation.
Bill and Melinda Gates said they will continue to work together at their foundation, David Callahan suggests Melinda Gates could still pursue her own philanthropic work.
“You can imagine two separate tracks where they’re both working together at the foundation, and each is pursuing their own independent philanthropy outside the foundation,” Callahan said.
David Callahan continued, “Nobody knows what the terms are of their divorce agreement. But if Melinda Gates ends up with just some portion of that wealth and turns to creating her own foundation, it would be among one of the biggest foundations probably in America.”
Their divorce came as a shock to everyone but let’s wish them good luck in their new lives.