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Gates, who shares three children—Jennifer, Rory, and Phoebe—with ex-wife Melinda French Gates, revealed that he intends to leave them less than 1% of his estimated $108 billion fortune. This calculation suggests that even the small fraction would equate to over $1 billion, a considerable amount by any standards. Gates explained his reasoning by articulating a desire to offer his children the opportunity to achieve their own financial success rather than simply benefiting from a wealthy lineage.