(CBS News) — Bill and Melinda Gates are getting divorced after 27 years of marriage, the couple announced in a joint statement Monday.

“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 build a foundation that works all over the world to enable all people to lead healthy, productive lives,” the statement said.

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