According to Melinda French Gates’ divorce petition, their relationship was “irreparably broken”. A judge approved the separation of Bill Gates and his wife last Monday. According to official court documents, Melinda keeps her name. It was in May that the couple announced their plan to end their relationship. On this occasion, they announced: “We no longer think we can grow together as a couple in the next phase of our lives.”
The publicly available documents do not provide much information on the terms of the separation contract. All that is known is that “neither person will pay spousal support”. It is speculated that Bill Gates and his ex-wife “could each be worth around $ 76 billion after divorce.” Sure enough, Bill Gates weighed in at around $ 152 billion on Monday.
“A two-year trial period to see if the couple could continue to work together effectively”
When they announced their separation, Bill and Melinda Gates decided to continue to co-manage their charity. As a reminder, the Bill and Melinda Gates Foundation had roughly $ 50 billion in 2020. But last month, the foundation said, through its CEO Mark Suzman, that it is granting a trial period. two years to the couple.
The latter also said that: “if, after two years, one or the other decides that he cannot continue to work together as co-chairs”. Bill Gates is expected to retain control of the foundation and buy out French Gates’ stake. The latter would receive “personal resources”.
Melinda and Bill Gates © Pierre Perusseau