FILE – In this file photo from February 1, 2019, Bill and Melinda French Gates pose together in Kirkland, Washington. Bill Gates and Melinda French Gates divorce has been finalized. The Microsoft co-founder and his wife announced in May 2021 that they were ending their 27-year marriage, and on Monday, August 2, a King County Superior Court judge signed the dissolution decree. (AP Photo / Elaine Thompson, file)
SEATTLE (AP) – Bill Gates and Melinda French Gates divorce is over.
The Microsoft co-founder and his wife announced in May that they were ending their 27-year marriage and on Monday, a King County Superior Court judge signed the dissolution order. The New York Times reported that court documents did not detail how they would divide their assets.
Bill Gates was once the richest person in the world and his fortune is estimated at around $ 150 billion.
They met after she started working at Microsoft as a product manager in 1987. The two were married in 1994 in Hawaii.
The Seattle-based Bill and Melinda Gates Foundation is the world’s most influential private foundation, with an endowment of approximately $ 50 billion. It has focused on global health and development and education issues in the United States since its incorporation in 2000.
The two said they would continue to work together as co-chairs of their foundation. However, if after two years Gates and French Gates decide they cannot continue in office, French Gates will step down as co-chair and trustee, the Bill and Melinda Gates Foundation announced this month.
If French Gates resigns, Gates would essentially buy her out of the foundation, one of the largest private charities in the world, and she would receive resources from him to do her own philanthropic work. The resources received would be separate from the foundation’s endowment, according to the foundation.