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Bill and Melinda Gates have finalized their divorce

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Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.

The couple’s divorce agreement was pursuant to a separation contract, which is not public. Neither person will pay spousal support, according to court documents filed Monday. No other financial details are included in publicly available documents.

As of Monday, Gates’ net worth was around $152 billion, according to the Bloomberg Billionaires Index, which means he and French Gates could each be worth around $76 billion following the divorce.

They had made an announcement in May  that they would be ending their marriage after 27 years, saying, “we no longer believe we can grow together as a couple in this next phase of our lives.” French Gates filed the petition for divorce in King County, Washington.

When the couple first announced their divorce, they said they would continue to jointly run their charity,

However, the foundation said last month that the organization was planning a two-year trial period to see if the pair could continue working together effectively.

French Gates does not plan to change her name, according to court documents.

The powerhouse couple met at Microsoft in 1987 and married in 1994

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