Meet Bill and Melinda Gatesâ children and how much money they will inherit from their father s vast fortune
It is to be noted that Bill Gates children will inherit only a tiny percentage of their parents wealth, which will be about USD 10 million each.
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Updated: May 5, 2021, 10:30 AM IST
Billionaire couple Bill and Melinda Gates on Monday (May 3) paid tribute to their incredible children as they announced about their divorce after 27 years of marriage.
Bill and Melinda are parents to Jennifer, 25, Rory, 21, and Phoebe, 18.
Though Bill Gates is one of the world s richest persons with a net worth of USD 130 billion, he and Melinda have brought their children up in a very simple manner.
Bill and Melinda Gates divorce: How will the billionaire couple divide their USD 130 billion assets?
Bill Gates has often said in his interviews that his children should only inherit a small part of his vast fortune.
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Updated: May 5, 2021, 01:50 PM IST
Billionaire couple Bill Gates and his wife Melinda Gates left everyone surprised on Monday (May 3) when the duo announced on Twitter that they were getting divorced after 27 years of marriage. Bill and Melinda Gates, however, said that they will continue to work together at Bill and Melinda Gates Foundation.
The divorce announcement by Bill and Melinda shifted focus of everybody towards Bill and Melinda Gates Foundation, which had reported total net assets of USD 43.3 billion at the end of 2019.
When Bill Gates made a list of the pros and cons of getting married to Melinda Gates on a whiteboard
While the world is still in shock over Bill Gates and Melinda Gates divorce, we take a trip down memory lane when the Microsoft co-founder made a list of the pros and cons of getting married to Melinda. Written By
Pinkvilla Desk 25112 reads Mumbai Updated: May 5, 2021 02:09 pm According to Melinda Gates, Bill Gates had taken the idea of marriage very seriously at the time.
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It s still difficult to digest that after 27 years of marriage, Bill Gates and Melinda Gates are calling it quits and heading for a divorce. .but we no longer believe we can grow together as a couple in this next phase of our lives, the ex-couple had penned in a join statement, shared on Instagram. While all eyes are now on the divorce proceedings, we take a trip down memory lane to the way Bill and Melinda were.
Bill and Melinda Gates divorce: Here s how the couple will split USD 146 billion assets
The financial magazine Forbes has estimated Bill Gates is worth more than USD 100 billion.
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Updated: May 5, 2021, 09:54 PM IST
The mega-billionaire couple Bill and Melinda Gates, who have emerged as a philanthropy powerhouse with a foundation named after themselves, are divorcing because their 27-year marriage has irretrievably broken .
As a married couple, Bill and Melinda Gates have spent decades amassing one of the greatest fortunes in history. Now that they are divorcing, they have to sort out that USD 146 billion.
According to US regulatory filings dated May 3, Bill Gates had created a holding company Cascade Investment with his Microsoft Corp. winnings and had transferred securities worth more than USD 1.8 billion to Melinda French Gates, reported Bloomberg.
In this screengrab, (L-R) Melinda Gates and Bill Gates speak during One World: Together At Home presented by Global Citizen on April, 18, 2020. (Getty Images)
What will happen to the Bill and Melinda Gates Foundation?
According to its financial statements, the Gates Foundation has almost $50 billion in assets and has been the world s largest private philanthropic organisation for the past 20 years. During the years 2018 and 2019, it distributed around $5 billion in grants. The news of their separating sent shockwaves through the philanthropic community, where the foundation wields significant power.
âBill and Melinda Gates really pioneered a new form of large-scale philanthropy,â David Callahan, founder, and editor of Inside Philanthropy, a digital site that covers the world of philanthropy and fundraising, to NBC news. âThey are probably the most consequential figures in philanthropy in recent history, if not ever.â