- Bill Gates and his wife of 27 years, Melinda French Gates, are getting a divorce.
- Gates, the cofounder of Microsoft, has a fortune worth $130.5 billion.
- Gates indulges in a few luxuries, but he mainly spends through the Bill & Melinda Gates Foundation.
- Visit Business Insider’s homepage for more stories.
Bill and Melinda Gates are ending their 27-year marriage.
The couple announced the news in a statement posted to Twitter on Monday, saying that while they plan to continue working together at the Bill & Melinda Gates Foundation, they no longer believe they can continue growing as a couple.
Gates, who cofounded Microsoft with Paul Allen in 1975, is worth $130.5 billion, according to Forbes. He’s one of only eight moguls worth over $100 billion and is currently the fourth-richest person in the world.
Gates has made some lavish purchases over the years: He owns a Washington estate worth $125 million, a private airplane, and a luxury-car collection. More recently, he dropped $43 million on a 5,800-square-foot home in Del Mar, California. But these indulgences make up only a fraction of his massive fortune, and Gates isn’t known to throw his money around.
In fact, the couple previously said it’s unfair they’re so rich. Instead of spending billions on themselves, they often donate it to charity through the Bill & Melinda Gates Foundation. They’ve also pledged to give away most of their fortune through the Giving Pledge, which they launched in 2010.
Keep reading for a look at how Gates spends his billions.
Taylor Nicole Rogers contributed to an earlier version of this story.
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