Gates divorce: The legal quagmire of a US$124 billion split

Bill and Melinda Gates have announced that their 27-year marriage has come to an end. The couple announced on Twitter that they no longer believe they can grow together as a couple in the next phase of their lives. The couple has three adult children together, Jennifer, 25, Rory, 21, and Phoebe, 18.

Bill Gates co-founded Microsoft in 1975. Since that time, he has amassed significant wealth. Bill is now the fourth richest person in the world, with an estimated net worth of around US$124 billion (NZ$173 billion).

How will their property be divided? In this NZ Herald article, Jeremy highlights some points in their divorce that could also be relevant to New Zealand couples.

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