How much money Melinda can get after divorce from Bill Gates

 

How much money Melinda can get after divorce from Bill Gates

Bill Gates and Melinda Gates announced their separation on May 3 after 27 years of marriage.

A staunch supporter of women's development, Melinda Gates could become the second richest woman in the world with a fortune of 73 billions dollars after divorcing her husband.

Melinda Gates has said in her divorce petition filed in Washington's King County High Court that her marriage to Bill Gates was "irreparably broken". The court was asked to distribute 146 Billion dollars in assets to the couple.

50 50 assets are likely to be distributed after divorce. Because the divorce petition also revealed that the couple tied the knot in 1994 had not entered into a prenuptial agreement  moreover, as per Washington state law, the assets are distributed equally on divorce.

If that is happened then Melinda French Gates (recently added a French name in her social media profiles) would become the second richest woman in the world. Shed will be followed by 67 years old Fransois Bethancourt Meyers, who owns L’Oreal and owns 83 billion.

Bill Gates is currently the fourth richest person in the world with 146 billion dollars, according to Bloomberg Billion Air Index.

However, Bill Gates could have been the richest man in the world if he had not donated at least 45 billion dollars to the charity through the Bill & Melinda Gates Foundation.

Following the divorce reports, the question has arisen as to what will be the future of the couple's welfare initiatives through this foundation.

The foundation also receives donations from other philanthropists, including several billionaires and the British government.

Although Bill and Melinda Gates say they will continue to lead the foundation. But according to some experts, after the divorce, the two may have different views on the direction of the institution.

The company has 1,600 employees and has spent 50 billion dollars on various projects in 135 countries. Whereas, its assets are worth 43 billion dollars.

The personal assets of Bill Gates and Melinda Gates include a 66,000-square-foot home worth 130 million dollars. While there are numerous Holiday Homes, They have ranche worth 59 million dollars in Florida moreover they have a 492-acre ranch in Wyoming.

In fact, Bill Gates is the largest owner of agricultural land in the United States and owns 24.2 million acres in 18 states.  Which becomes equal to 700 million dollars.

The couple owns private jets and countless vehicles.

There are 23 cars parked in the garages of his home near Lake Washington in Seattle.

The house is known as Xanadu 2.0, while the pool house has a 60-foot swimming pool with an underwater sound system and a tempo room.

Under Washington's state property laws, property purchased during a marriage is considered to be divided equally between the couple.

Bill Gates and Melinda Gates are expected to appear in court in April 2022.

Earlier, Amazon founder Jeff Bezos separated from Mackenzie Scott in 2019 after 25 years of marriage.

The divorce also took place in Washington State and Mackenzie Scott received 38 billion, her fortune was mostly based on Amazon shares and she has become the owner of 60 billion dollar so far.

Bill and Melinda Gates have three children. The eldest daughter, Jennifer Catherine Gates, is 25 years old. They have also two sons and over 20 years old.

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