![]() ![]() ![]() Coming in third was French investor Bernard Arnault with $150 billion, followed by Gates at No. On Forbes' 2021 World's Billionaires List, Bezos was ranked #1 with a fortune of $177 billion, followed by Tesla founder Elon Musk, whose worth was estimated at $151 billion. For the career philanthropists they’ve become, that means how the fortune is split will determine where funding flows to these causes for decades.Related: Laughing All the Way to the Bank! Inside Tyler Perry’s Net Worth and How He Became a Billionaire Is Bill Gates the richest man in the world? Gates and French Gates have established their own philanthropic arms outside of the foundation and their interests have diverged in recent years-Bill on climate change, Melinda on gender equality. The divorce has already cost Gates some of that image, with reports of infidelity, his ties to the late pedophile Jeffrey Epstein and coverage that his money manager Michael Larson operated a toxic work environment. to techno-geek do-gooder tackling global hunger and health. Their philanthropy has particularly transformed Bill’s reputation from the monopolistic capitalist behind Microsoft Corp. Though not part of their fortune, one of the couple’s biggest assets is their foundation, which has $50 billion in assets, more than 1,600 employees and offices globally. Or their property investments, which make them the largest private farmland owner in the U.S. It may never be made public what happens with their collection of private companies, such as the Four Seasons brand in which they bought a 47.5% stake in back in 2007 along with Saudi Arabian Prince Al Waleed bin Talal Al Saud. Meanwhile, she received all the firm’s shares in Coca-Cola Femsa, a Mexican distributor, worth around $130 million. French Gates received are worth about $800 million, but they made up just 7% of the ex-couple’s total stake in the company. So far, there’s no clear pattern to how the shares are being divided. There have already been more than $3 billion of transfers from Cascade Investment, also known as BMGI (Bill and Melinda Gates Investments), to French Gates, a sliver of their $145 billion fortune at the time of the divorce announcement. Representatives for the pair declined to comment on the divorce and whether they had a pre-nuptial agreement.īut a pre-nup, if there is one, wouldn’t matter, because the separation contract supersedes any previous agreement. Bill Gates, 65, signed from Palm Desert, in southern California, where they own another home. She signed the papers from Bellevue, where they have a sprawling $130 million lakefront mansion. The work has already begun, starting with a separation contract, according to the petition for divorce French Gates, 56, filed in their longtime home state of Washington. “They’re probably about the biggest divorce imaginable,” said Janet George, a family law attorney at McKinley Irvin. Huge investments in public corporations and private businesses.Īnd, of course, the Bill & Melinda Gates Foundation-the largest philanthropic organization of its type on the planet. There are the mansions and the private jets. ![]() Untangling their combined fortune after 27 years of marriage is a colossal undertaking. In financial terms, this is a split for the ages. The marriage, they finally tell a court, has become “irretrievably broken.”īut that’s where the familiar outlines of many a breakup end, because this one concerns Bill Gates and Melinda French Gates. The divorce, on paper, sounds common enough: the years go by, the kids grow up, the couple drifts apart. ![]()
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