Bill and Melinda Gates' divorce has been a big controversy, what the distribution of their assets and money will be like.
The Woman Post | Carlex Araujo
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Microsoft's co-founder's estate is $130.5 billion, a figure that makes him the fourth richest person in the world, according to Hillary Hoffower of the Business Insider web portal.
Currently, they are separated and signed a contract that sets out how they should manage their finances now that they are not together. In this way, they asked the court to divide their assets on the basis of the terms of the separation contract, but the details of the letter were not disclosed.
On the other hand, it is unknown whether the couple signed a prenuptial agreement so all hypotheses are open in what may be one of the most expensive divorces in history.
Gates philanthropy is so entrenched in the global health economy that this announcement seemingly threatens some of its stability. It's unchecked power that enables public systems to depend on the wealth & personal decisions of 2 people. It's beyond wild.https://t.co/SNxp5VGk6H— Cathy Garcia (@thecathyshow) May 4, 2021
Businesswoman and Author
Melinda is a modest, humble-hearted woman who recognizes that her worst flaw is to want to lead a simpler life, even a woman of ingrained values who, despite starting a relationship with the company's CEO, never let this mark or affect her job performance, avoiding confronting him or even having any direct working relationship with him and so on after nine years of great work and effort. She went from being the only woman in the company leading a team of 300 employees just before retiring to dedicate herself to her family.
She is not only the founder and leader of the foundation but the female face in it. Her work is medullary and possibly the most important being the one that shapes and approves the foundation's strategies, taking a much more political role in issues such as education reforms or polio eradication.
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On the other hand, she is the author of the book "The Moment of Lift," published in 2019, and talks about the "inspirational women" she has met around the world and how she became an advocate for women's rights. Thanks to her effort and dedication she has received multiple recognitions, among which stand out:
-Person of the Year by Time magazine, along with Bill Gate and Bono in 2005.
-Princess of Asturias Award 2006 for International Cooperation.
-Medal of the Mexican Order of the Aztec Eagle 2006.
-Honorary Doctorate in Medicine from Karolinska Insitute in Stockholm, Sweden. 2007.
-Medal of Public Welfare by the National Academy of Sciences of the United States, in 2013.
-Decorated as Dame Commander of the Order of the British Empire, in 2013.
-Presidential Medal of Freedom presented in 2016 by President Barack Obama for his philanthropic efforts.
#Bill and #MelindaGates divorce | The couple, who have three children, have a custom mansion with a 2020 assessed value of $130.8 million, according to the King County Department of Assessments, on Lake Washington. https://t.co/Vyhxsk3sNb— The Hindu (@the_hindu) May 4, 2021
The Key Role of the Bill and Melinda Gates Foundation
The Bill and Melinda Gates Foundation is focused on inequality: how, where, how to attack it. Create and support programs to break down barriers that prevent a poverty-born person from accessing the opportunities they deserve. Their health initiatives have been to build sewers, fund vaccine development, create shelters for children with HIV, among many other things. The foundation serves four areas: development, health, politics, and education, according to Magazine Debates IESA.
Moreover, in 1999 the foundation provided $750 million to launch the Global Alliance for Vaccines and Immunization (GAVI), between the Foundation, UNICEF, the World Bank, and the World Health Organization (WHO), dedicated to spreading vaccination in the poorest countries.
However, divorce also calls into question the future of the couple's efforts through its founding. The Gates created this charity in 2000 and pledged to donate most of the wealth generated at Microsoft, with the goal of creating equal opportunities for everyone.
Although the Gates' communiqué says they both plan to continue working together on their foundation, their divorce could affect the amount they donate individually or jointly to this cause, according to the Forbes medium.