Breaking News: Bill Gates and Melinda Gates are now officially divorced

Bill Gates, 65, and Melinda Gates, 56, first announced their divorce in a joint statement in May, saying they no longer “believe we can grow together as a couple in this next phase of our lives.”

“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” they said in the statement. “Over the last 27 years, 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.”

Bill and Melinda Gates’ divorce was approved by the King County court in Washington state on Monday morning, officially ending their 27-year marriage

Since the split was revealed in May, more than $3 billion worth of shares held by Gates’s Cascade Investment has been transferred to French Gates’s name. That’s a fraction of their $146 billion fortune at the time of the announcement, according to the Bloomberg Billionaires Index, though it may never be known how the ex-couple’s private assets are being divvied up. Gates, 65, is now worth more than $150 billion, according to the index.

French Gates, who filed the divorce petition in May, signed the document on July 30 from “Pivotal Ventures,” her investment and incubation firm focused on gender equality based in Washington.

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