Bill Gates pays $8 Billion to ex-wife Melinda Gates as part of Divorce Settlement.


Bill Gates transferred $7.9 billion to a nonprofit led by Melinda French Gates in late 2024, according to a recent tax filing, the New York Times revealed.

The move forms part of an agreement reached last year, in which Gates pledged $12.5 billion to support French Gates’ philanthropic efforts after the former couple opted to stop collaborating through the Gates Foundation.


Gates and French Gates, whose 27-year marriage ended in 2021 in what remains one of the most expensive divorces in history, have continued to reshape their philanthropic legacies independently. Following the split, French Gates received roughly $76 billion in assets.


Before the transfer was disclosed, Gates, now 70, held an estimated net worth of $118 billion, per the Bloomberg Billionaires Index. French Gates, 61, is currently valued at about $17.7 billion.


The funds were directed to Pivotal Philanthropies, a tax-exempt nonprofit launched in 2022. It sits within French Gates’ broader network, Pivotal Ventures, an investment and advocacy platform focused on accelerating gender equality and expanding opportunities for women worldwide.


Share this story

Comments

Trending Stories On MEB

X officially Suspends @twitter Account

52 AAU Students Arrested at Midnight and Jailed over Kidnapping Protests [WATCH]

Negligence in a Nigerian Hospital caused the death of my 21 month old son - Chimamanda Adichie

Arsenal and England star Declan Rice banned from driving for 6 months

Uganda Shuts Down Internet as President Museveni seeks to extend 40 year rule

Anda Damisa, Nigerian Influencer known as 'Lazywrita' leaves Cryptic Instagram Scheduled Post before committing Su!c!de

Court grants former AGF Malami, Wife & Son 1.5 Billion Naira Bail

Anthony Joshua Injured in Ogun Road Accident, Two Dead

Former Ghanaian Finance Minister Ofori-Atta Detained by ICE in U.S.

Most Read Stories From Past Month

Jake Paul Faces Anthony Joshua tonight in high stakes boxing showdown with 10% win chance for Paul

Anthony Joshua knocks out Jake Paul in Miami [WATCH]

Anda Damisa, Nigerian Influencer known as 'Lazywrita' leaves Cryptic Instagram Scheduled Post before committing Su!c!de

USA Announces Visa Suspension for Nigerians, Effective January 1, 2026

Anthony Joshua Injured in Ogun Road Accident, Two Dead

Wiz Khalifa sentenced to 9 months jail time in Romania over on-stage Cannab!s use

The IRS Computer Malfunctioned due to Taxes I paid - Elon Musk

Nigerian FG declares Public Holidays on December 25th, 26th & January 1st

IN REVIEW: Burkina Faso Releases Detained Nigerian Airforce Crew

Elon Musk now worth an estimated $749 Billion, widening his lead to nearly $500bn over world's second-richest Larry Page