Warren Buffett has donated more than $29 billion of his fortune to the Gates Foundation since 2006, according to filings. The pair say they will keep working together in their existing roles as co-chairs and trustees of their foundation.Īnd it doesn't sound like it will be going bust any time soon.įrom 1994 through 2018, the couple gave the foundation more than $US36 billion, according to its website. Mr and Ms Gates have been open in the past about bequeathing the vast majority of their wealth to charity, with a Washington Post report from 2014 indicating the pair planned to leave an inheritance of just $US10 million (a tiny fraction of their fortune) for each of their children. She pledged to give half of it to charity. Ms Scott ended up with a 4 per cent stake in Amazon, worth about $US36 billion, which made her the world's third-richest woman at the time. Jeff Bezos's split from MacKenzie Scott was finalised last year. We can also look to other high-profile divorces, such as the split between Amazon founder Jeff Bezos and MacKenzie Scott, for an idea of how this could work. However, under this law spouses can agree that certain assets are separate property, granting ownership to just one of them.īut as both have referred to each other as "equal partners" in the past, it's possible they might go for a 50:50 split. Washington state law presumes that most property acquired over the course of a marriage belongs jointly to the spouses and is divided equally in a divorce. They live in a custom mansion with an assessed value of $US140 million close to Microsoft headquarters in Lake Washington, near Seattle. In a joint petition for dissolution of marriage they asked the Seattle's King County Superior Court to approve their agreement on the division of assets but didn't disclose the details. How much will they end up with in the split?īut they are seeking division of joint assets, according to a separation agreement they have reached. He was once the world's richest person but lost that title, partly by donating money to philanthropic causes. ( AP: Elaine Thompson) How much are they worth?īill Gates is the world's fourth-richest person, with a net worth of $US130.5 billion ($168.2 billion), according to Forbes. They first met at Microsoft work dinner, dating for about a year before talks of marriage came up. In 2000, the pair launched the Bill and Melinda Gates Foundation, which focuses on a broad scope of global health and development projects. She has a bachelor's degree in economics and computer science, as well as an MBA (Master of Business Administration). Melinda Gates, then Melinda French, started working at Microsoft as a product manager in 1987. Mr Gates owned 49 per cent of Microsoft at its initial public offering in 1986, which made him an instant multi-millionaire. He dropped out of Harvard University to start the company with his childhood friend, Paul Allen, in 1975. Who are Bill and Melinda Gates?īill Gates, 65, is one of the co-founders of computer company Microsoft. They said they would continue to work together as part of their massive charity foundation but "no longer believe we can grow together as a couple in this next phase of our lives". The announcement of their split in a joint statement on Twitter immediately became global news. Bill and Melinda Gates's divorce is a big deal.
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