Cynthia Bailey and Mike Hill are divorcing after two years of marriage

According to Forbes, Bill Gates is the fourth-richest person in the world with a net worth of $130.5 billion. Gates co-founded Microsoft with Paul Allen in 1975 after dropping out of Harvard University. With the IPO in 1986, Gates owned 49% of Microsoft, which made him a millionaire instantly. After becoming the richest man in the world, Gates has donated money to many philanthropic causes.

In 2000, Bill and Melinda established their foundation, which is one of the largest charitable organisations in the world. The Bill and Melinda Gates Foundation has funded vaccine initiatives amid pandemic worth $1.75 billion, and have spent $5 billion in 2019 on programs around the world. They have published all of their financials on their website, which show net assets worth $43.3 billion in 2019.

The couple have mansion on Lake Washington valued at $130.8 million. Bill and Melinda are seeking a division of joint assets, although the financial details of their split is still unclear.

According to the state of Washington, where the couple lives, most of the property that has been acquired during the course of the marriage belongs to both the parties and have to be divided equally. Some assets can also be labelled as separate property, which includes inheritance.