Bill Gates Is the World's Fourth Richest Person
Bill and Melinda Gates just announced their decision to divorce after 27 years of marriage. Of course, this separation impacts the couple and their family, but given the Gates' massive wealth and charitable foundation, many questions will arise surrounding the fate of the Gates fortune.
Bill Gates was the co-founder of Microsoft and, according to Forbes, is currently worth an estimated $124 billion. Right now, he is the world's fourth richest person, after Jeff Bezos, Elon Musk, and LVMH's Bernald Arnault and family. Additionally, the Bill and Melinda Gates Foundation is the world's largest private charitable foundation, having amassed an estimated $51 billion in assets, according to CNBC.
Gates stepped down from the board of Microsoft in March 2020, choosing to spend more time on his foundation. According to Forbes, the tech scion has donated $35.8 billion worth of Microsoft stock to the Gates Foundation, and now owns just over 1% of shares in the company.
The couple announced their divorce on Twitter, sharing a joint statement. The pair implied that they would remain co-chairs of their foundation, and continue to advocate for the same public health causes as always. Read the full statement below.
After a great deal of thought and a lot of work on our relationship, we have made the decision to end our 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. We continue to share a belief in that mission and will continue our work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life.
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