After 27 years of marriage, Bill and Melinda Gates are divorcing. The billionaire couple, who have three children together, announced the news on social media on Monday.
"After a lot of thought and a lot of work on our relationship, we have made the decision to end our marriage," the couple wrote in identical tweets on their personal Twitter accounts.
"We no longer believe we can grow together as a couple in this next phase of our lives."
Scroll through our gallery above to see more photos of Bill and Melinda Gates through the years.
Bill, who co-founded Microsoft and is one of the wealthiest people in the world, and his wife established the Bill and Melinda Gates Foundation in 2000.
The philanthropic organisation has made contribution to fighting poverty and disease around the world and had a net asset of $43.3 billion at the end of 2019, according to the last public record shown on its website.
Despite the split, the couple have pledged to continue their charitable work together. In the past, the Gates have supported widely praised programmes in malaria and polio eradication as well as focused on public health, climate change and education.
According to their website, since 2000, the foundation has spent more than $53.8bn through its initiatives, with the couple donating $20bn from Microsoft stock towards the organisation. Investor Warren Buffett has also donated more than $2bn of stock as part of previously-announced plans to give away his entire fortune before his death.
In 2020, the foundation partnered with UK research charity Wellcome and Mastercard to establish the Covid-19 Therapeutics Accelerator to quicken the development of new and repurposed drugs to help treat coronavirus patients, committing $1.75bn towards that goal.
After the World Health Organisation appealed for funding, the Gates Foundation also pledged an extra $150m on top of the $100m they had already donated to help the fight against the coronavirus.
Here's a look back at other five initiatives the couple have championed and aided over the years:
The Gates Cambridge Scholarship
Established in 2000 with a $210m donation from the foundation, the Gates Cambridge Scholarship exists to financially support outstanding students who are studying at the University of Cambridge, one of the most prestigious universities in the world. The scholarship is also one of the most competitive with only 0.3 per cent of applicants being awarded. Scholarships cover the cost of a postgraduate degree with more than 1,800 students from more than 110 countries being award since its creation.
The Gates Millennium Scholars Programme
The foundation has another programme that aids students in higher education. The Gates Millennium Scholars Programme was created in 1999 and is funded by a $1.6bn grant from the Bill and Melinda Gates Foundation. The goal is to help increase the number of minority students graduating university with a degree in science or other similar disciplines. Helping reduce financial barriers for people of colour, the programme has helped more than 20,000 high-achieving students.
Sound Families Initiative
Another project launched by the couple addressed family homelessness in the Puget Sound region in Washington state in the US. Between 2000 to 2008, through a $40m grant, the initiative helped provide housing for households that earned less than $16,000 a year and built more than 1,450 transition homes for families during that time period.
Supporting farmers in Africa and Asia dealing with climate change
Another venture taken on by the foundation includes a $300m pledge over three years from 2018 to 2000 to help support agricultural research that helped some of the world's poorest farmers better adapt to increasing challenges brought about by climate change, such as rising temperatures, droughts and flooding and attacks on crops from pests.
Helping aid during global disasters
The foundation made total donations of $3m to various charities to help aid effort for the victims of the 2004 Indian Ocean earthquake that was registered at a magnitude of 9.1 to 9.3, the third-largest ever recorded. It also donated $500,000 to the 2005 Kashmir earthquake that was considered one of the deadliest to hit South Asia. In 2014, it released “flexible funds” to UN agencies and organisations of $50m to fight against Ebola in West Africa.
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Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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ACL Elite (West) - fixtures
Monday, Sept 30
Al Sadd v Esteghlal (8pm)
Persepolis v Pakhtakor (8pm)
Al Wasl v Al Ahli (8pm)
Al Nassr v Al Rayyan (10pm)
Tuesday, Oct 1
Al Hilal v Al Shorta (10pm)
Al Gharafa v Al Ain (10pm)
LA LIGA FIXTURES
Friday Valladolid v Osasuna (Kick-off midnight UAE)
Saturday Valencia v Athletic Bilbao (5pm), Getafe v Sevilla (7.15pm), Huesca v Alaves (9.30pm), Real Madrid v Atletico Madrid (midnight)
Sunday Real Sociedad v Eibar (5pm), Real Betis v Villarreal (7.15pm), Elche v Granada (9.30pm), Barcelona v Levante (midnight)
Monday Celta Vigo v Cadiz (midnight)
Avatar: Fire and Ash
Director: James Cameron
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more from Janine di Giovanni
ICC men's cricketer of the year
2004 - Rahul Dravid (IND) ; 2005 - Jacques Kallis (SA) and Andrew Flintoff (ENG); 2006 - Ricky Ponting (AUS); 2007 - Ricky Ponting; 2008 - Shivnarine Chanderpaul (WI); 2009 - Mitchell Johnson (AUS); 2010 - Sachin Tendulkar (IND); 2011 - Jonathan Trott (ENG); 2012 - Kumar Sangakkara (SL); 2013 - Michael Clarke (AUS); 2014 - Mitchell Johnson; 2015 - Steve Smith (AUS); 2016 - Ravichandran Ashwin (IND); 2017 - Virat Kohli (IND); 2018 - Virat Kohli; 2019 - Ben Stokes (ENG); 2021 - Shaheen Afridi
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
About Karol Nawrocki
• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.
• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.
• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.
• Met Donald Trump at the White House and received his backing.
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BEACH SOCCER WORLD CUP
Group A
Paraguay
Japan
Switzerland
USA
Group B
Uruguay
Mexico
Italy
Tahiti
Group C
Belarus
UAE
Senegal
Russia
Group D
Brazil
Oman
Portugal
Nigeria