World
Bill and Melinda Gates to divorce, but charitable foundation to remain intact
Billionaire benefactors Bill and Melinda Gates, co-founders of one of the world’s largest private charitable foundations, filed for divorce on Monday after 27 years of marriage but pledged to continue their philanthropic work together.
The Bill & Melinda Gates Foundation has become one of the most powerful and influential forces in global public health, spending more than $50 billion over the past two decades to bring a business approach to combating poverty and disease.
The Gates have backed widely praised programs in malaria and polio eradication, child nutrition and vaccines. The foundation last year committed some $1.75 billion to COVID-19 relief.
In a joint petition for dissolution of marriage, the couple asserted their legal union was “irretrievably broken,” but said they had reached agreement on how to divide their marital assets. No details of that accord were disclosed in the filing in King County Superior Court in Seattle.
Bill Gates, 65, who co-founded Microsoft Corp (MSFT.O), and his spouse, Melinda French Gates, 56, met after she joined the software giant as a product manager, and they dated for a few years before marrying in January 1994 in Hawaii.
“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” the two said in a joint statement posted on each of their individual Twitter accounts.
“We no longer believe we can grow together as a couple in the next phase of our lives. We ask for space and privacy for our family as we begin to navigate this new life,” they said.
The divorce petition, which states that the couple have no minor children, comes after the youngest of their three offspring recently turned 18.
Launched in 2000, the nonprofit Bill & Melinda Gates Foundation ranks as the largest private philanthropic foundation in the United States and one of the world’s biggest, with net assets of $43.3 billion at the end of 2019, according to the latest full-year financials shown on its website.
From 1994 through 2018, the couple gifted more than $36 billion to the Seattle-based foundation, the website said.
Last year, investor Warren Buffett reported donating more than $2 billion of stock from his Berkshire Hathaway Inc (BRKa.N) to the Gates Foundation as part of previously announced plans to give away his entire fortune before his death.
‘NO CHANGES TO THEIR ROLES’
In their divorce petition, the couple asks the court “to dissolve our marriage” and to divide their communal property, business interests and liabilities “as set forth in our separation contract,” though that accord was not made public.
Bill Gates is ranked No. 4 on the Forbes list of the world’s wealthiest individuals, with an estimated $124 billion fortune.
In a separate statement, the Gates Foundation said the couple would remain as co-chairs and trustees of the organization.
“They will continue to work together to shape and approve foundation strategies, advocate for the foundation’s issues, and set the organization’s overall direction,” the foundation’s statement said.
The split comes two years after another leading Seattle-based billionaire and philanthropist, Amazon.com Inc (AMZN.O) founder Jeff Bezos, said that he and his then-wife, MacKenzie, were getting divorced.
At least one critic of billionaire benefactors cited the Gates’ split as a cautionary tale in the wisdom of concentrating so much sway over global humanitarian issues under the control of super-wealthy individuals.
“The Gates divorce will do more than upend a family’s life. It will ramify into the worlds of business, education, public health, civil society, philanthropy, and beyond,” Anand Giridharadas, author of the book “Winners Take All” told Reuters.
“That is because our society has made the colossal error of allowing wealth to purchase the chance to make quasi-governmental decisions as a private citizen,” he said.
Gates dropped out of Harvard University to start Microsoft with school chum Paul Allen in 1975. Gates owned 49% of Microsoft at its initial public offering in 1986, which made him an instant multimillionaire. With Microsoft’s explosive growth, he soon became one of the world’s wealthiest individuals.
After an executive tenure in which he helped transform the company into one of the world’s leading technology firms, Gates stepped down as CEO of Microsoft in 2000 to focus on philanthropy. He remained chairman until 2014 and left the company’s board in March 2020.
Known in the technology industry as an acerbic and ruthless competitor, Gates drew the ire of rivals and eventually the U.S. government for Microsoft’s business practices.
The software giant was convicted of antitrust violations in the late 1990s. But the verdict was overturned on appeal, and the company then settled the case out of court.
Gates’ public persona softened into an avuncular elder statesman as he turned his attention to philanthropy, and he has largely steered clear of the many controversies currently roiling the technology business.
Melinda French Gates, who recently added her maiden name on most of her websites and social media, was raised in Dallas and studied computer science and economics at Duke University before joining Microsoft.
In 2015 she founded Pivotal Ventures, an investment company focused on women and families, and in 2019 published a book, “The Moment of Lift”, centered on female empowerment.
World
Trump says men arrested at UK air base used by US planned ‘big damage’
WATCH: Trump praises UK authorities for arrests Sunday near RAF airbase used by US forces in England.
British police have arrested five men on suspicion of explosives offences and preparing a terrorist act near RAF Fairford, a UK air base used by the United States military, authorities said.
The arrests were made early Sunday after police received a report of three suspicious vans travelling towards the airfield in Gloucestershire, western England.
US President Donald Trump said the suspects had been under investigation by British and US authorities and were looking to cause “big damage” to the base.
“The arrest in the UK was fantastic,” Trump told reporters, praising cooperation between US and British authorities.
Counter Terrorism Policing said five men remained in custody and that officers were working with partner agencies to establish the circumstances surrounding the incident.
Police placed a 400-metre cordon around the area while bomb disposal experts examined the vehicles. About 85 homes in a nearby village were evacuated, while armed officers patrolled the area.
RAF Fairford has been used by US forces for military operations against Iran. Security was also increased at other UK bases used by the US, including RAF Lakenheath and RAF Mildenhall.
A source familiar with the investigation told Reuters an Iranian-linked motive was considered the most likely, while possible Russian involvement or an Islamist plot were also being examined.
No motive has been publicly confirmed by police.
The arrests come amid heightened security concerns in Britain following Iranian warnings over the use of UK bases by US forces. Russia has also been accused by Western governments of supporting sabotage operations in Europe, allegations Moscow has denied.
World
Serbia’s President Vucic resigns ahead of October parliamentary elections
He had said in late June that he planned to resign and that Serbia would hold early parliamentary and presidential elections.
Serbia’s populist President Aleksandar Vucic announced his resignation on Sunday, ending his second and final five-year term and paving the way for early presidential elections, Reuters reported.
Vucic’s resignation, seven months before his term ends, comes amid campaigning for Serbia’s October 25 snap parliamentary vote and allows him to be appointed prime minister if his Serbian Progressive Party (SNS) forms the new government.
He had said in late June that he planned to resign and that Serbia would hold early parliamentary and presidential elections.
Rights groups have accused Vucic and his allies of increasingly authoritarian rule, with anti-government protesters saying they have been beaten by police and unfairly detained. Authorities have denied those allegations.
On Sunday, hundreds of Vucic’s supporters cheered him in front of the Presidency building in Belgrade’s city centre.
“This is the last evening for me in this building,” he told the flag-waving crowd minutes before resigning.
“I have faithfully served you and my fatherland, Serbia, … I am proud of what we have done together,” he said.
Under Serbia’s constitution, outgoing Parliament Speaker Ana Brnabic will serve as interim president until a new one is elected. The presidential election must be completed within 90 days, with the campaign lasting between 30 and 60 days.
“By the end of December … we will have the first round of presidential elections,” Vucic said.
Next month’s snap parliamentary election will pit Vucic’s SNS and its allies against Students Win, a student-led anti-corruption movement, and European Serbia, an alliance of pro-Western opposition parties.
Students Win, European Serbia and other parties have yet to nominate their presidential candidates.
Vucic, 56, has dominated Serbian politics for more than a decade, read the report.
He was a hardline nationalist and information minister during the era of the late Slobodan Milosevic and the wars of the 1990s, and later served as deputy prime minister from 2012-14 and prime minister from 2014-17.
He moved to the largely ceremonial position of president in 2017, but kept tight control over his party and the government.
In foreign policy, Vucic has pursued a balancing act that seeks closer ties with China, a major investor, and Russia, Serbia’s principal supplier of natural gas, while maintaining a long-term goal of joining the EU. He also has sought to bolster ties with the United States and Israel.
Vucic’s term in office suffered a major blow in November 2024 when an awning of a newly reconstructed railway station in the northern city of Novi Sad collapsed, killing 16 people.
The disaster sparked nationwide protests by students and the opposition, who demanded accountability for those responsible, transparency in public procurement, an end to systemic corruption, and an early parliamentary vote.
The government repeatedly denied accusations by the protesters, although several officials, including two ministers, were arrested or resigned after the incident.
On Sunday, Vucic said he has granted amnesty and a pardon to 49 people, including 12 activists and 11 of his own supporters, who were arrested or tried in connection with the protests.
World
Trump rejects Iranian proposal to open Hormuz and end fighting
WATCH: Trump speaks to reports about “fake media” and Iran proposal
US President Donald Trump said on Saturday he had rejected an Iranian proposal to reopen the Strait of Hormuz and end fighting in the Middle East, Reuters reported.
Iran raised the initiative at the UN General Assembly in New York, saying it had been transmitted to the Americans via Qatari mediators and that it could reopen the strategic waterway and put an end to hostilities in the region within seven days.
But in comments to reporters at the White House, Trump said: “I reject their proposal. … I rejected their deal.
“They want to make a deal to open the Hormuz Strait immediately because they’re losing so badly,” he said before leaving for Tennessee. “We’re winning tremendously.
“They want to make a deal and I think that’s fine, I like making a deal too. What they want to do is immediately open the Hormuz Strait … because they have no money coming in, because they get their money from the Hormuz Strait,” Trump said.
The US has imposed an economic blockade on Iran to put pressure on Tehran to lift its blockade of Hormuz, which has drastically reduced shipping through the strait, even though Trump again asserted that the US had control of the waterway.
The Wall Street Journal first reported that Trump had rejected the Iranian proposal, citing unnamed US officials.
It said Trump was privately sceptical that Iran would meet his demands and had told his staff that he sees a renewed bombing campaign as likely after the November US midterm elections to Congress.
A US official had said earlier that discussions with Iran through mediators were “positive and constructive”.
The Iranians also engaged their Saudi rivals regarding the Strait of Hormuz, underscoring the stakes of a seven-month-old conflict that has disrupted oil flows through a critical shipping lane and taken a toll on the global economy.
Iranian Foreign Minister Abbas Araqchi told reporters at the United Nations on Friday the proposed deal would trigger a seven-day countdown to reopening the strait and a pause in regional fighting, read the report.
“If there is seriousness on the US side to come to a deal and reopen the Strait of Hormuz, everything is now prepared,” Araqchi said. If the US were to agree, the warring parties could start wider talks “on mutually agreed subjects.”
That could potentially include discussions of Iran’s nuclear programme. Trump has said Tehran must never acquire a nuclear bomb, while a senior Iranian official told Reuters that Iran would show no flexibility over its nuclear programme even if the US accepted its peace deal.
Iran would grant no concessions over its rights, including enriching uranium or shipping its highly enriched uranium out of the country, the official said.
Iranian President Masoud Pezeshkian, in an interview with the CBS show “Face the Nation”, said Tehran was ready for talks on its nuclear programme and other issues, but would not accept “bullying or coercion”.
“Iran is not seeking war, but will defend itself against pressure, threats and attacks,” Pezeshkian said, adding that it had already agreed that “we’re not supposed to develop nuclear weapons”.
Previous attempts at diplomacy have failed to end the war, which began on February 28 with US and Israeli attacks, Reuters reported.
Since then the war has alternated between pauses and renewed strikes, killing thousands while degrading Iran’s conventional forces and damaging Iran’s already ailing economy.
Iran and its allies have retaliated by extending the conflict throughout the region. Iran has struck US allies in the Gulf with drones and missiles while its Houthi allies in Yemen have targeted Saudi interests.
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