How Bill and Melinda Gates will share a combined net worth of $130 billion assets while they purportedly lack a pre-nuptial agreement is likely to trigger a messy dispute between the divorcing couple.
Gates, the world’s fourth-richest man, has spoken in the past about how each of his three children will only inherit about $10 million of his fortune.
When asked about rumours that he would only leave his three children — Jennifer, Rory, and Phoebe — $10million each during a Reddit AMA session in 2013, Gates explained that it was for their benefit.
“I definitely think leaving kids massive amounts of money is not a favor to them,” he said.
He and Melinda share three children and founded the Bill and Melinda Gates Foundation in 2000 to address several major global issues.
The couple has donated $45billion through the foundation since its inception, including $1.75 billion to fighting Covid-19.
Bill Gates, 65, was a geeky teenager when he started what would become the world’s most valuable company, and was for a time the world’s richest man and most prominent philanthropist.
He stepped down as Microsoft chief executive in 2008 to devote more time to philanthropy and later left the board, keeping only the title of “founder.”
Melinda Gates, 56, met Bill at Microsoft in 1987, shortly after she joined the tech firm, and the pair married in 1994.
In a 2019 Netflix documentary series, he described his wife as “truly an equal partner,” while she looked back on some of their first interactions to call him “funny and very high-energy.”
Their foundation is among the world’s richest, having provided more than $54 billion in grants over two decades in areas including malaria and infectious disease control, agricultural research, basic health care and sanitation in various parts of the world. It has an endowment of more than $46 billion.
The couple’s divorce could create new questions about their wealth, most of which has yet to be donated to their foundation, despite co-creating the Giving Pledge, which encourages billionaires to give the majority of their wealth to charity.
READ ALSO: Bill, Melinda Gates Marriage Crashes
In recent years, Bill Gates has largely distanced himself from Microsoft and the tech industry, instead speaking about poverty and health initiatives, and the coronavirus pandemic.
Last year, the foundation pledged some $250 million to help fight the pandemic, with some of the funds channelled to the distribution of life-saving doses of Covid-19 vaccines to parts of Sub-Saharan Africa and South Asia.
Gates, who had been warning as early as 2015 about the potential dangers of a global pandemic, became the target of conspiracy theorists who claimed he knew in advance about Covid-19.
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Popular Tinubu’s Loyalist Hits Presidency Hard Over N5b Presidential Yacht
John Michael Ojo
Popular Nigerian actor, comedian and ardent supporter of President Bola Tinubu’s led APC administration, Oluwaseyitan Aletile, better known as Seyi Law, has criticised the government over its plan to procure a presidential Yacht valued at N5 billion for the President from the supplementary budget it recently presented to the National Assembly.
Seyi Law who made his displeasure known via his official social media handle on X, described the President’s proposal as being insensitive to the plight of the people.
The comedian called on Tinubu to demonstrate his astute style of leadership by listening to cries of Nigerians who are daily being hit by the economic crisis bedevilling the name and put aside his taste for luxury.
He wrote: “I am absolutely not in support of the procurement of the presidential yacht. It is quite insensitive to the plight of Nigerians at this moment to even rationalise it. I call on the president, @officialABAT, to once again prove to Nigerians that he listens. Thank you, your Excellency.”
President Tinubu was declared winner of the February 25 presidential election which many have also alleged to be one of the most rigged presidential elections in the history of the nation’s democratic rule. However his victory was recently affirmed by the Supreme Court despite evidence showing discrepancies in his age, schools attended and name in the document he presented to the electoral umpire, INEC before the election proper.
15 Years After Death, Michael Jackson Earns $115 Million
By John Michael Ojo
World-acclaimed King of POP, Michael Jackson has continued to make name for himself in the entertainment industry nearly 15 years after his demise.
His latest achievement was disclosed by Forbes who named the songwriter, singer and dancer in its recent annual ranking released on Tuesday, 31 October 2023 as the highest-paid dead celebrities with an estimated earnings $115 million.
Forbes who gave the names of 12 other deceased musicians, authors, and A-listers stated that the highest-paid dead celebrities earned $470 million during the past 12 months, implying a 70% decrease from the record-breaking $1.6 billion grossed it recorded in 2022.
It further revealed that Michael Jackson returned to the No. 1 spot for the first time after four years with an estimated $115 million in earnings,and trailed by his late father-in-law, Elvis Presley who occupied the second spot with an estimated earnings of $100million
The legendary King of Pop, Michael Jackson, was said to have been preparing for his concert in London when he tragically passed on as a result of drug overdose on June 25, 2009.
Below is the full list of 13 deceased celebrities and their earnings:
1. Michael Jackson – $115 million
2. Elvis Presley – $100 million
3. Ray Manzarek – $45 million
4. Dr. Seuss – $40 million
5. Charles M. Schulz – $30 million
6. Prince – $30 million
7. Whitney Houston – $30 million.
8. John Lennon – $22 million
9. Bob Marley – $16 million
10. Bing Crosby – $14 million
11. GeorgeHarrison – $14 million
12.Arnold Palmer – $10 million
13. Marilyn Monroe – $10 million
BREAKING: Davido’s Twins Appear In Video
The first video which officially confirms the birth of twins by David Adeleke, best known as Davido, and his wife Chioma has appeared.
This is coming after days of speculations about the birth of the twins.
A video which was recorded by David’s father who is officially the grandfather of the twins surfaced on social media. In the video the couple was recorded leaving the hospital together as the twin children took a ride with their grandfather for the first time.
Davido had initially reacted to old videos of him and Chioma in the hospital debunking that the images were old images. His initial post did not confirm or deny the news but the new video on social media has now confirmed the great news for the singer.
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