Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Melinda Gates could be angling to change kids’ $10M inheritance in split

Melinda Gates could be angling to change kids’ $10M inheritance in split

Divorce experts say there’s a clue in Melinda Gates’ blockbuster divorce filing that she’s angling to change her three children’s inheritance.

Maybe those poor Gates kids are getting more than $10 million after all.

Divorce experts say there’s a clue in Melinda Gates’ blockbuster divorce filing that she’s angling to change her three children’s inheritance — after her estranged husband, Bill Gates, has repeatedly said he’s leaving them a mere $10 million apiece.

Melinda has taken the highly unusual step — according to experts — of naming top trust and estate lawyers as her representatives in her divorce filing, along with the customary matrimonial legal eagles.

High-profile divorce attorneys Harriet Newman Cohen and Martha Cohen Stine point out that Melinda has “well-known trust and estate lawyers involved in the case,” and that it’s “most unusual for trust and estate lawyers’ names to be listed on a divorce filing.”

The move, the duo told Page Six in an interview, signals Melinda has potential plans for her family that diverge from Bill’s.

(The duo is not involved in the Gateses’ divorce, but their clients have collectively included Gov. Andrew Cuomo, the ex-wives of Harvey and Bob Weinstein, NBA star Paul George, Laurence Fishburne, Howard Stern’s ex-wife, Alison, and the former wife of Louis C.K.)

The move, the duo told Page Six in an interview, signals Melinda Gates has potential plans for her family that diverge from Bill’s.


Bill Gates has said his kids will get a “minuscule” portion of his vast wealth. Worth $130 billion, the Microsoft mogul plans to leave just $10 million to each of his kids — Jennifer, 25, Rory, 21, and Phoebe, 18. During a past Reddit talk, the billionaire stated, “I definitely think leaving kids massive amounts of money is not a favor to them,” and, “Some people disagree with this but Melinda and I feel good about it.”

Said Newman Cohen: “Bill Gates proudly announced to the world he was leaving $10 million to each of his three children, and that the rest of the billions will be left to charity … now that Melinda has control — maybe she wanted to leave more to her children than $10 million each. Maybe she didn’t agree.” She added that the fraction of funds to be left to the kids is “tantamount to disinheriting the children.”

Bill said he was only leaving his children $10 million apiece.

She also said, “We see divorces for the reason that the mother wants to protect the children. She may be like every other woman … protecting her children.”

Melinda said in her divorce filing that a separation agreement was in place, and sources say that if the parameters of the couple’s inheritance are not detailed in the pact, either party could change the amount their kids inherit. Inheritance is not usually addressed in such separation agreements.

Melinda is being repped by top divorce lawyer Robert Cohen of Cohen Clair Lans Greifer Thorpe & Rottenstreich — whose clients have included Michael Bloomberg and Ivana Trump. But she has also listed estate planning attorney Loretta Ippolito of Paul Weiss, as well as the firm’s Bruce Birenboim, who has repped Citigroup and the NFL. Reports have said she’s been meeting with lawyers since 2019.

Newman Cohen and Cohen Stine also say that the move for Melinda to divorce, and potentially change her kids’ inheritance, follows a trajectory of female empowerment increasingly expressed by the philanthropist.

Newman Cohen and Cohen Stine also say that the move for Melinda Gates to divorce, and potentially change her kids’ inheritance, follows a trajectory of female empowerment increasingly expressed by the philanthropist.

“Melinda’s decision to leave her husband — she’s the petitioner — doesn’t seem like a coincidence [given] that her youngest child turned 18,” they pointed out.

The pair also noted that in Melinda’s 2019 book, “The Moment of Lift,” Melinda writes about a confrontation years earlier with Bill over writing the annual letter for the couple’s foundation.

“Bill said the process we had for the Annual Letter had been working well for the foundation for years, and he didn’t see why it should change,” she wrote about asking her husband in 2013 if she could take a turn writing the letter. Ultimately, Bill allowed Melinda to only write a separate piece on contraception — while he again wrote the letter. Two years later, the letter was signed with both their names.

“He’s had to learn how to be an equal, and I’ve had to learn how to step up and be an equal,” Melinda wrote in the book.

Said Newman Cohen: “Gaining control in her share of the fortune, and coming out from under Bill’s shadow [is] the ultimate step for empowerment … The book talks about … themes of women’s empowerment. To me the ultimate step toward her own empowerment is divorcing her husband.”

Since the divorce filing, Bill and Melinda’s daughter, elder Jennifer, last week shared a sweet pic on Instagram with her dad. She also shared a picture with her mother and younger siblings on Mother’s Day, captioned, “Our queen, hero and mom-every day.”

Reports have said Melinda grew concerned about her husband Bill’s connection to late pedophile investor Jeffrey Epstein.

Bill and Melinda announced on May 3 they were getting divorced after 27 years of marriage by saying in a statement, “After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage.”

They added: “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. We continue to share a belief in that mission and will continue our work together at the foundation, but we no longer believe we can grow together as a couple in this next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life.”

Reports have said Melinda grew concerned about her husband’s connection to late pedophile investor Jeffrey Epstein. Melinda had reportedly warned her tech-mogul husband that she was uncomfortable with Epstein after they met him in 2013 — the same year the Microsoft guru also allegedly flew on Epstein’s private jet from New Jersey to Palm Beach, Fla., according to flight records.

A spokesperson for Gates has previously said he stands by a 2019 statement that he met Epstein but “didn’t have any business relationship or friendship with him.”

Attorneys for Melinda did not return a request for comment.

Mother-daughter legal partners Newman Cohen and Cohen Stine this year launched a new firm, Cohen Stine Kapoor, with Ankit Kapoor.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
×