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Bill and Melinda Gates divorce: Will split impact children’s inheritance?
May 8, 2021
Bill and Melinda Gates split after 27 years: foundation will be left unscathed
FOX News legal analyst Mercedes Colwin discusses how the power couple’s split will affect their philanthropy
Bill and Melinda Gates recently announced that they intended to divorce, a complex process involving a massive $130 billion fortune and three children to take into consideration.
However, it is unlikely that the Gates’ three children will see any impact on their inheritance cash – because Bill Gates has said on multiple occasions that he does not intend to leave them the bulk of the fortune.
During a 2014 TED Talk, the host noted that the pair easily had enough money to make all of their children billionaires, but Bill Gates said that was not their plan.
"They won't have anything like that. They need to have a sense that their own work is meaningful and important," Bill Gates said.
During an interview with The Daily Mail in 2011, Gates was asked about reports that he planned to each child $10 million – and while he did not confirm the exact number, he did say that it would be a "miniscule portion" of his wealth.