Bill Gates is reportedly confirmed to be in a relationship, nearly two years after divorcing his former wife Melinda French Gates. The 67-year-old billionaire is now dating the widow of software company CEO Mark Hurd who passed away from cancer in 2019.
Gates and his new beau Paula Hurd have been photographed at several sporting events and were also present at the Australian Open's Men's Singles Final in January, People reported. The Baylor University Board of Regents member packs as impactful a punch as the founder and former Microsoft chairman whom she's been dating for over a year. Here's what to know about her successful career, and a look at their joint net worth.
Who is Paula Hurd?
Paula Hurd and Bill Gates share a mutual love for tennis. They also share a common interest in philanthropy. A Silicon Valley resident, Paula is passionate about education and healthcare initiatives within her community as well as Baylor University where her late husband received his BBA degree in 1979.
For the past two decades, the University of Texas graduate, "has developed and organized memorable event experiences for corporate and charitable organizations," along with spearheading fundraising activities for multiple local nonprofit organizations, per her bio on Baylor's website.
On the professional front, for 17 years, Paula held several leadership roles in the sales and services department at NCR Corporation in Dallas, Texas, and Dayton, Ohio. In her final role as Vice President of services, she led the team responsible for managing global strategic partnerships.
The 60-year-old left the organization in 2001 and later joined Hurd Family Investments and has been in the role of Public Health Program Portfolio Manager since 2019. She holds a similar part-time role at MPH Investments for the past four years.
What are Paula Hurd and Bill Gates' net worths?
Bill Gates was placed #4 on Forbes Billionaires 2022 list. Here's a look at his business investments. To sum it up, his net worth of $117 billion can buy 1.37 billion barrels of crude oil or 62 million troy ounces of gold.
MPH portfolio managers make an average of $137,559 per year which means possible earnings of $550,236 over four years for Paula. As for details of her net worth, they haven't made it into the public domain yet, except for a website that claims her net worth is estimated between $3.5 million to $4.5 million. If this information is true, Paula Hurd and Bill Gates's joint net worth possibly stands at $117.5 billion.
In 2021, Paula donated $7 million toward building the Baylor Basketball Pavilion which pushed the gifts received by the University over the $1 billion mark.
The donation was made through the Give Light: The Campaign, a $1.1 billion comprehensive fundraising initiative launched in November 2018. The initiative was kickstarted with a generous donation from Paula and Mark. It helped fund a state-of-the-art $60 million welcome center on the campus which will open this year.
Speaking of Gates, he donated $5 billion last year to the Bill & Melinda Gates Foundation to back its work in global health and U.S. education among other initiatives. It was the largest donation ever made in 2022, according to the Chronicle of Philanthropy.