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According to the 56-year-old’s petition, the pair do not have a prenuptial agreement and their assets will instead be split according to a separation agreement, PEOPLE reported. has an estimated net worth of $130 billion.

“We ask the court to dissolve our marriage and find that our marital community ended on the date stated in our separation contract,” the divorce petition read. 

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The former couple will reportedly appear in court in April 22 and their Alternative Dispute Resolution date is slated for March 2022. The case will also be reviewed in September.

Melinda also reportedly filed an automatic temporary order setting financial restraints. This restricts both her and Bill’s ability to dispose of property or make changes to insurance policies unless it has been agreed in writing or ordered by the court. 

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Their oldest daughter, Jennifer Katharine, shared some of her thoughts on her Instagram Story. “Hi friends, By now, many of you have heard the news that my parents are separating. It’s been a challenging stretch of time for our whole family,” the 25-year-old began her statement.

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Source: JENNIFER GATES/INSTAGRAM

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She continued, “I’m still learning how to best support my own process and emotions as well as family members at this time, and am grateful for the space to do so. I won’t personally comment further on anything around the separation, but please know that your kind words and support mean the world to me. Thank you for understanding our desire for privacy while we navigate the next phases of our lives. With love and respect, Jenn xx.” 

Jennifer then shared her parent’s joint statement to her Story. 

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“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage. Over the last 27 years, we have raised three incredible children and built a foundation [the Bill & Melinda Gates Foundation] that works all over the world to enable all people to lead healthy, productive lives,” the pair said in a joint statement that was released on Monday. 

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“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,” the statement concluded 

The former couple tied the knot in a ceremony in Hawaii on New Year’s Day 1994. They share three children together: Jennifer Katharine, Rory John, 21 and Phoebe Adele, 18.

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