Home / Business / Bill Gates and Melinda Gates are parting ways.

Bill Gates and Melinda Gates are parting ways.



Bill and Melinda Gates

Frederick Stevens | Getty Images

Microsoft co-founder and former CEO Bill Gates said in a tweet on Monday that he and his wife Melinda Gates will be separated after 27 years. Gender equality and health care

“After much thought and work on our relationship, we decided to end our marriage,”

; Bill and Melinda Gates wrote in a statement tweeted by Bill Gates.

“Over the past 27 years, we have raised three incredible children and have built a foundation that works around the world for everyone to lead a healthy and productive life. And will continue to work together at the foundation, but we no longer believe that we can grow as a couple in the next phase of our lives.We ask for space and privacy for our families as we begin to navigate our new lives. This “

The decision reflects personal change at the top of American business.

Bill Gates led Microsoft as CEO from his founding with Paul Allen in 1975 until 2000, letting Steve Ballmer run the company, while Bill Gates became president and chief software architect.In 2008, Gates retired from a daily role. He’s at Microsoft to spend more time with the Foundation.

Last year, Bill Gates stepped down from Microsoft’s board as coronavirus became a global force. He began to spend more time at the not-for-profit Bill and Melinda Gates Foundation, with Melinda Gates, both co-chair and curator of the foundation, launched in 2000.

Both Bill and Melinda Gates worked at Microsoft, where she was a marketing manager for a software company, the two met at a Microsoft employee dinner in 1987. “It took him a few months before he asked me,” Melinda Gates. Later said Bill Gates weighed the pros and cons on a blackboard, and in 1994 the couple married in Hawaii.

The financial details of Gateses’ split method are still unclear.Bill Gates owns 1.37 percent of Microsoft’s dominant stock worth more than $ 26 billion, according to FactSet, both of which are co-creators with Warren Buffett. The pledge of the pledge, which involves handing over half of their assets.

At one point, the couple decided to move $ 20 billion worth of Microsoft shares to the foundation as they sought to increase their commitment to philanthropy, Bill Gates wrote in a 2019 blog post.The foundation now has more than $ 51 billion in assets, according to a statement. Tax filing

“In Melinda’s case, it was a truly equal ally,” said Bill Gates in the 2019 Netflix documentary Inside Bill’s Brain. “She’s so much like me in that she’s an optimist and she’s interested. In science, she gets along better with people than I am. She’s less hardcore in the know. You know immunology than I am. “

Bill Gates is the fourth richest person in the world after Bezos, Bernard Arnault of LVMH and Tesla’s Elon Musk, according to Forbes.

The announcement comes two years after Amazon CEO Jeff Bezos said he and his wife MacKenzie are about to divorce.Bill Gates and Jeff Bezos are among the wealthiest people in the world, and Amazon and Microsoft compete in Cloud computing business Amazon said earlier this year that Bezos will step down as CEO and cloud head Andy Jassy to replace him.

This story is evolving Refresh to update




Source link