Divorce: Bill and Melinda Gates’ children to inherit $ 10 million – report

After Bill and Melinda Gates’ divorce papers reveal that the couple never had a marriage contract, many wonder how the couple, with a combined net worth of $ 130 billion, will divide their assets.

Gates, the fourth richest man in the world, has explained in the past that each of his three children would inherit only about $ 10 million of his fortune, The sun reports.

Asked about rumors that he would leave his three children – Jennifer, Rory and Phoebe – $ 10 million each during a Reddit AMA session in 2013, Gates explained that it was in their best interests.

“I really think leaving children with huge sums of money is not a favor for them,” he said.

He and Melinda share three children and founded the Bill and Melinda Gates Foundation in 2000 to address several major global issues.

The couple have donated $ 45 billion through the foundation since its inception, including $ 1.75 billion to fight Covid-19.

Bill Gates, 65, was a teenage geek when he started what would become the world’s most valuable business and was for a time the richest man in the world and the most prominent philanthropist.

He left the post of CEO of Microsoft in 2008 to devote more time to philanthropy and then left the board, retaining only the title of “Founder and Technology Advisor”.

Melinda Gates, 56, met Bill at Microsoft in 1987, shortly after joining the tech company, and the couple married in 1994.

In a 2019 Netflix documentary series, he described his wife as “a truly equal partner”, as she revisited some of their early interactions to call him “funny and very energetic.”

Their foundation is among the richest in the world, having provided more than $ 54 billion in grants over two decades in areas such as malaria and infectious disease control, agricultural research, basic health care and l sanitation in various parts of the world. It has an endowment of over 46 billion dollars.

The couple’s divorce could create new questions about their wealth, most of which have yet to be donated to their foundation, despite the co-creation of the Giving Pledge, which encourages billionaires to donate the majority of their wealth to charities. charities.

In recent years, Bill Gates has strayed widely from Microsoft and the tech industry, instead talking about poverty and health initiatives, and the coronavirus pandemic.

Last year, the foundation pledged some $ 250 million to help fight the pandemic, with part of the funds channeled towards the distribution of life-saving doses of Covid-19 vaccines in parts of sub-Saharan Africa and the United States. ‘South Asia.

Gates, who had warned as early as 2015 of the potential dangers of a global pandemic, has become the target of conspiracy theorists who have claimed he was aware of Covid-19 in advance.


Source link

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *