Bill and Melinda Gates are officially divorced
The Microsoft co-founder announced their split in May 2021
Bill and Melinda Gates are officially divorced, Fox Business can confirm.
According to court documents, the couple’s marriage of 27 years is officially over in the eyes of the law. In docs obtained by Fox Business, a judge signed off on their divorce Monday, putting an end to the saga that began when they announced their split in May of 2021.
"This marriage is irretrievably broken," the filing reads. Additionally, it presses that the parties "should be ordered to comply with the terms of the separation contract."
The filings also maintain that neither party will receive spousal support and Melinda will not change her last name. It is unclear what the "separation contract" entails but the agreement determines who receives what in the divorce.
Furthermore, since the former couple shares adult children, the inclusion of child support and a custody agreement is rendered moot.
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In identical tweets at the time, the Microsoft co-founder, 65, and his wife, 56, said they had made the decision to end their marriage. However, at the time they noted that they planned to continue to work together at the Bill and Melinda Gates Foundation, the largest charitable foundations in the world.
"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," they said in a statement. "We ask for space and privacy for our family as we begin to navigate this new life."
The Gateses were married in 1994 in Hawaii and share three children together. They met after she began working at Microsoft as a product manager in 1987. While they announced their separation in May, it is believed they were estranged before that.
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Court documents obtained by Fox Business at the time showed that Melinda filed for divorce and stated in the petition that their marriage was "irretrievably broken." The documents also revealed that the Gateses don’t have a prenuptial agreement in place, but stated that they would divide their assets according to a separation agreement.
Given that Bill Gates was once the world’s richest person, with an estimated net worth of $130.5 billion according to Forbes, their assets were sizeable as they entered into separation agreement discussions. It was reported later in May that the duo had individually beefed up their legal teams. However, it seems now that they were able to reach an amicable agreement in just two months.
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The exact details of their agreement remain a mystery, however, it was previously reported that Melinda was given sizeable stock transfers to the tune of billions. She acquired 25.8 million shares of Coca-Cola Femsa, a 4.9% stake, and 155.4 million shares of Grupo Televisa SA, a 6.7% stake. As of Wednesday's close, the shares of Coca-Cola Femsa were worth about $121 million and the Grupo Televisa shares were worth about $386 million.
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That transfer brought Melinda's total to nearly $2.4 billion, following transfers of about 14 million shares of Canadian National Railway and more than 2.9 million shares of AutoNation.
Fox Business' Julius Young and Melissa Roberto contributed to this report.