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Bill Gates And Melinda Gates End 27-Year Marriage “After Great Deal Of Thought”

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Bill And Melinda Gates End 27-Year Marriage 'After Great Deal Of Thought'

Bill and Melinda Gates met in New York in the 1980s, early into Melinda’s time at Microsoft (File)

Bill and Melinda Gates said on Monday that they were divorcing after 27 years of marriage.

“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” the two said in a statement posted on Twitter. “We have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive lives.”

At stake is one of the world’s greatest fortunes — currently valued at $145.8 billion, according to the Bloomberg Billionaires Index — and one of the largest philanthropy operations on the planet. The Bill & Melinda Gates Foundation has given away more than $50 billion, contributing to the fight against Covid-19, leading the charge on climate change and advocating for women’s rights.

Microsoft Corp. co-founder Bill Gates, 65, is the world’s fourth-richest person. Melinda Gates, 56, is a former Microsoft manager who’s become an outspoken advocate on global health and equality for women in her role co-running the foundation.

While the separation stands to shake up the rankings of the world’s wealthiest people, the pair stressed it will have little impact on their philanthropic behemoth.

“Bill and Melinda will remain co-chairs and trustees of the Bill & Melinda Gates Foundation,” a spokesperson for the foundation wrote in an emailed statement. “No changes to their roles or the organization are planned. They will continue to work together to shape and approve foundation strategies, advocate for the foundation’s issues, and set the organization’s overall direction.”

It’s the second bombshell divorce among the uppermost ranks of the world’s richest people in recent years, following the 2019 separation announcement of Jeff Bezos and MacKenzie Scott.

That split, which divided the couple’s stake in Amazon.com Inc., immediately made MacKenzie one of the world’s richest people. In the months that followed, she became one of the most influential philanthropists in the world, giving away billions of dollars to often overlooked causes among billionaire donors.

The Gates’s wealth could prove more complex to carve up than the Bezos fortune, which was largely concentrated in Amazon stock.

Bill Gates’s net worth originated with Microsoft but shares of the software-maker now probably make up less than 20% of his assets. He’s shifted much of his stake into the Bill & Melinda Gates Foundation over the years and his exact stake hasn’t been disclosed since he left Microsoft’s board last year.

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It couldn’t be determined if Bill and Melinda Gates signed a pre-nuptial agreement (File)

Gates’s biggest asset is Cascade Investment, a holding company he created with the proceeds of Microsoft stock sales and dividends that’s run by Michael Larson. Through Cascade, Gates has interests in real estate, energy and hospitality as well as stakes in dozens of public companies, including Canadian National Railway and Deere & Co.

Monica Mazzei, a divorce attorney and a partner at Sideman & Bancroft LLP in San Francisco, said the big question concerning the couple’s foundation and family office is to what extent they plan on working together going forward.

“Even in the most amicable divorces I’ve seen, the preference has been to split the foundation in two so that there’s more autonomy and less intermingling,” she said. The same principle applies to family offices, where the investments could be divvied up into two separate pots.

The pair live in Washington, which is a community property state. That means that anything acquired during a marriage is considered equally owned by both partners, explained Mazzei.

It couldn’t be determined if the two signed a pre-nuptial agreement.

The two met in New York in the 1980s, early into Melinda’s time at Microsoft.

When deciding whether to marry, Bill made a pro-and-con list on a whiteboard — Melinda related how she walked into his bedroom to find him tabulating various factors in the Netflix documentary series “Inside Bill’s Brain.”

The couple’s philanthropy has always been deeply rooted in their relationship and marriage. The day before they wed in Hawaii, Bill’s mother, Mary, who had been trying to convince him to dramatically increase his charity, gave Melinda a letter which closed with the words “From those to whom much is given, much is expected.” Mary Gates died several months later.

But it was on a trip to Africa during their engagement that the couple decided they would become serious philanthropists.

“We fell in love with everything we saw but it’s really not at all trite to say that we really fell in love with the people,” Melinda said at a Salesforce event in 2016. “It just started us on this series of questions of sort of saying to ourselves, ‘What is going on here?'”

Later on in the trip, the couple filled out a marriage questionnaire to make sure they had the same values. That’s when they decided “the vast majority of resources from Microsoft would go back to society,” Melinda said. “It was an easy discussion. We just thought it would be later in our lives when we got to do it.”

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Karnataka Temporarily Suspends Vaccination For 18-44 Age Group, Will Prioritise Second Dose

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Owing to the short supply of Covid vaccines, Karnataka on Wednesday decided to ‘temporarily suspend’ vaccination drive for those aged between 18 to 44 years.

In a series of tweets, the Karnataka Health department said that the state government has decided that the vaccine procured directly by the state government for vaccination of persons between 18 and 44 years too will be utilised for vaccination of beneficiaries who are due for the second dose.

“Therefore, all vaccines available with the state government i.e. supplied by union government and procured directly by state will be utilized for vaccination of beneficiaries due for second dose,” the Karnataka health department tweet explained.

The Health department added that vaccination drives for the 18 to 44 age group, including those who have already booked appointments will be temporarily suspended from May 14 till further orders.

According to the health department, the state government on May 7 had decided to utilise the complete supply of vaccines provided by the union government for vaccination of persons above 45 years, for vaccinating beneficiaries who were due for second dose.

“But under the changed circumstances and severe shortage of vaccine, the vaccine procured directly by the state government for vaccination of persons between 18 to 44 years too will be utilised for vaccination of beneficiaries who are due for second dose,” a senior health department official told reporters on the condition of anonymity.

The health department added that this order will be applicable for Covid vaccination at all state-run Covid vaccination centres in the state.

As of now, only two vaccines manufactured by Pune based Serum Institute of India (SII) and Hyderabad based Bharat Biotech are allowed in India for mass inoculation programme, but these companies are struggling to meet the country’s overwhelming demand for vaccines amid the ferocious second wave that has seen India’s Covid burden go up manifold.

Karnataka symbolically launched anti-Covid vaccination drive on May 1 but ever since it has failed to take off due to short supply of vaccines.

Karnataka Health minister, K. Sudhkar was first to state on April 30 that it was better to put off the launch of the drive on May 1 as the state had not received required stock and this was even endorsed by Chief Minister, B.S. Yediyurappa on that day. But, Yediyurappa the next day launched the vaccination drive symbolically on May 1.

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Check Out Tithi, Shubh Muhurat, Rahu Kaal and Other Details For Thursday

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(Representative pic: Shutterstock)

(Representative pic: Shutterstock)

Panchang: The day Guruvara is dedicated to Lord Brihaspati who is known as the priest of Gods

May 13 will mark the Shukla Paksha Dwitiya Tithi of Hindi month Vaishakha in Vikram Samvat 2078 and the day is Guruvara (Thursday). The Dwitiya tithi will prevail up to the full night on May 13. The day Guruvara is dedicated to Lord Brihaspati who is known as the priest of gods. Devotees observe fast and worship Lord Brihaspati by offering yellow flowers, sandals, clothes, jaggery and gram pulse. He is also believed to be an incarnation of Lord Vishnu. Know about the tithi, timings, Nakshatra, and other details for May 13.

Sunrise and Sunset time for May 13:

Sunrise time – 05:32 am

Sunset time – 07.04 pm

Moonrise time – 06.26 am

Moonset time – 08.33 pm

Tithi, Nakshatra, and Rashi Details for May 13:

Dwitiya Tithi will prevail up to a full night on May 13. The Nakshatra will be Rohini up to the full night. Sun will remain in Mesha Rashi while Moon will transition to Vrishabha Rashi.

Shubh Muhurats on May 13:

The most auspicious muhurat of the day i.e, Abhijit Muhurat will prevail between 11:51 am and12:45 pm on May 13. This time period is believed to be one of the most auspicious muhurat to perform any puja or to start any work. There are some other shubh muhurats which also prevail for a certain period of time almost every day. These are Vijaya muhurat andGodhuli muhurat which will take place between 02:33 pm and03:27 pm, 06:50 pm and 07:14 pm, respectively. There will be no Amrit Kalam for today.

Inauspicious timings for May 13:

The most inauspicious muhurat Rahu Kalam will prevail between 1.59 pm and3.41 pm on May 13. It is said that any auspicious work during this time is interfered with by planet Rahu. Other inauspicious muhurat like Gulikai Kalam and Varjyam will last from 08:55 am to 10:36 am and 08:44 pm to 10:32 pm.

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Yogi Adityanath Takes Cognisance of Bodies Dumped in Ganga; UP-Bihar Govts Blame Each Other

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Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday took cognisance of bodies found floating in the Ganga in Ballia district and said the last rites should be done according to the deceased’s religious beliefs. He also noted that the dumping of bodies in water causes pollution.

At least 45 bodies were seen floating in floating near the Ujiyar, Kulhadia and Bharauli ghats in the Narahi area on Tuesday evening. Late on Tuesday night, seven more bodies were found, taking the total count of bodies to 52, an official said. District officials have begun performing the last to avoid Covid-19 contagion. The dumping of bodies also increases the risk of spreading infections in communities inhabiting the banks of rivers, officials said.

Meanwhile, the Bihar government on Tuesday said altogether 71 bodies have been fished out from the Ganges in Buxar district and were later cremated as per protocols. Some samples were, however, collected for DNA testing.

Bihar Additional chief secretary (home) Chaitanya Prasad said that the bodies in Buxar had flown downstream from neighbouring Uttar Pradesh. Speaking to News18, he said, “All these dead bodies were being dumped in Ganga from Uttar Pradesh, which flowed and stopped at Chausa and Mahavir Ghat in Buxar (Bihar border). An investigation has been launched on the orders of the Bihar government regarding the issue.”

Officials of both UP and Bihar have discussed the issue with their counterparts, including the Chief Secretaries, Additional Chief Secretaries, DGPs and District Magistrates, sources said.

Bihar authorities have raised strong objections to the dumping of bodies amid Covid-19 pandemic concerns. However, both the states have agreed to implement strict Covid-19 protocol in bordering districts. As per reports, a huge net has also been put up in the Ganges near Raniganj, Buxar.

A video of bodies found buried in shallow pits near the banks of the Ganga had also gone viral. The viral video showed dogs nibbling on the corpses.

The Allahabad High Court had earlier expressed concern over the under-reporting of Covid-19 deaths and has asked the state to record the deaths of those who died with Covid symptoms even if their tests could not be done.

Uttar Pradesh reported 329 more Covid-19 deaths and 18,125 fresh cases in the last 24 hours.

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