Microsoft co-founder Bill Gates announced with his wife Melinda Gates on Monday that they are divorcing.

The couple founded in 2000 the Bill and Melinda Gates Foundation, a private philanthropic organization, which funds health research and advocacy work across the globe, including some of the world’s most impoverished nations.

“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” they said in a joint statement. “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.”

The statement added that they no longer “believe we can grow together as a couple in this next phase of our lives.”

This is a developing story, please check back for updates.

Source: | This article originally belongs to Nbcnews.com

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