Billionaire Bill Gates and Melinda Gates have announced that they’ll be ending their marriage after 27 years together, explaining in a joint statement that they “no longer believe we can grow together as a couple in this next phase of our lives.”

“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, posted on each of their official accounts.

The announcement comes two years after the divorce of Amazon founder Jeff Bezos, another of the world’s wealthiest people, and his wife MacKenzie.