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Bill and Melinda Gates have announced a divorce in Business and Economic News

The couple said in a statement that they would continue to work together on their philanthropic name foundation.

Bill and Melinda Gates announced Monday that they are ending their marriage, but will continue to work together on their eponymous philanthropic foundation.

Bill, the billionaire founder of Microsoft, and Melinda, the author and businessman, announced their decision to separate after 27 years in marriage in a document tweeted from their personal accounts.

“Over the last 27 years, we have raised three tremendous children and built a foundation that works all over the world so that everyone can have a healthy and productive life,” the document says. “We continue to believe in that role and will continue to work in the foundation, but we no longer believe that we can grow together as a couple in this next phase of our lives.”

The couple also asked for privacy during that time.

Bill Gates, 65, founded Microsoft in 1975 with Paul Allen. According to Forbes, its net worth is about $ 130.5 billion, and it has given Microsoft stock of $ 35.8 billion to the couple’s foundation.

He announced last year that he would step down from the Microsoft board to focus on his full-time job as president of the foundation.

Melinda Gates, 56, is the foundation’s vice president and founder of Pivotal Ventures, an investment and incubation company focused on advancing the interests of American women and families.

Bill and Melinda Gates Foundation He has given $ 5.1 billion to fellows 135 countries in 2019, and employs 1,602 people, according to its website.

In 2020 the foundation announced it Committed more than $ 1.75 million To support the global response to COVID-19.

Since its inception, the foundation has said it has provided more than $ 54.8 billion in direct payments.

The Gates ’is the second high-tech divorce among the tech-rich in recent years. founder Jeff Bezos and his wife, MacKenzie Scott, separated in 2019 after 25 years of marriage.

Scott, author and philanthropist, continued give him $ 5.7 billion on his doorstep 2020 to charities focusing on racial justice and food insecurity. Same Dan Jewett married, this year he worked as a chemistry teacher at the children’s school.

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