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Bill Gates And Melinda Gates Divorce: Reason Behind The High-Profile Split That Shook Everyone
Bill and Melinda Gates are the second ultra-rich couple to split up in the US.
By India.com Lifestyle Staff | Published:Wed, May 05, 2021 5:42pm
New Delhi: After 27 years of marriage, the mega-billionaire couple Bill Gates and Melinda Gates have called it quits. The power couple who emerged as a philanthropy powerhouse with a foundation named after themselves, are divorcing each other as their marriage has "irretrievably broken". Bill and Melinda took to their official social media handles to share the news about ending their more than two decades of marriage. Also Read - Bill Gates And Melinda Gates Divorce: Reason Behind The High-Profile Split That Shook Everyone
Earlier on Monday, a joint statement posted on Twitter by the Microsoft founder said: "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage. Also Read - Bill And Melinda Gates Announce Divorce After 27 Years of Marriage
"Over the last 27 years we have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives. Also Read - Bill Gates to Beef Eaters: Shift to Synthetic Option to Fight Climate Change
"We continue to share a belief in that mission and will continue our work together at the foundations, but we no longer believe we can grow together as a couple in this next phase of our lives."
Reason Behind Their Divorce After 27 Years
There are several media reports doing rounds about Melinda and Bill Gates split. A DNA report said that Melinda has previously suggested that Bill Gates was facing trouble in balancing work and family.Other media reports said that there was another woman lurking in Bill Gates's life. He had an unusual arrangement with his wife that allowed him while they were married to spend a long weekend with his former girlfriend Ann Winblad every year, according to Time magazine.
Gates and Winblad, who was five years his senior, had broken off in 1987 because she was ready for marriage, but he wasn't, according to the magazine. But they stayed in touch.
Speaking to the magazine for a 1997 article, he said, "When I was off on my own thinking about marrying Melinda, I called Ann and asked for her approval."
Bill and Melinda Gates are the second ultra-rich couple to split up in the US.
An Irretrievably Broken Marriage
According to TMZ, a media outlet that is up on celebrity affairs, Melinda Gates filed for the divorce asserting that their marriage was "irretrievably broken". TMZ, which said it had seen the filings in a Seattle court, the couple, who jointly run the Bill & Melinda Gates Foundation, does not have a pre-nuptial agreement on splitting their wealth that many ultra-wealthy couples make to lessen the likelihood of disputes should they break up.Melinda Has Refused Alimony
People magazine reported that they will have a separation agreement to divide their wealth.Melinda Gates filed for a temporary order that would prevent either of them from disposing property or making changes to insurance policies unless they agreed in writing or court-ordered it, the magazine reported.
She is not asking for any payment of spousal support, it added.
The high-profile couple is blessed with three children, son Rory John, 21, and daughters Phoebe Adele, 18, and Jennifer Katharine, 25, who are all adults, they will not have the headache of child custody arrangements.
Bill, who is one of the richest people in the world, has often emphasized in interviews that his children should only inherit a small part of his wealth.
Net-Worth of Bill Gates
The financial magazine Forbes has estimated he is worth more than $100 billion.How Did Bill And Melinda Meet?
According to reports, Melinda Gates was an employee of Microsoft where she met Bill Gates.They first met for a dinner in 1987 and later began dating leading to their marriage on New Year's Day in 1994.