Bill and Melinda Gates are officially divorced, reports say.

Court records show that a judge signed off on the split on Monday, according to TMZ.

The couple, who share three children, announced the divorce back in May after 27 years of marriage - shocking the world.

And the news outlet has now reported some of the details of the split.

It said that neither party will get spousal support, and Melinda, 56, will not change her last name.

It added that the official divorce document says all property is divided pursuant to the 'Separation Contract'.

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Image:

Getty Images for The New York Times)

Bill, 65, is currently the globe's fourth-richest man, according to Forbes.

It is currently unclear how his $131.3billion (£94.5billion) fortune will be divided up.

A joint statement released earlier this year to announce the divorce said: "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage.

"We no longer believe we can grow together as a couple in this next phase of our lives."

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The mega-wealthy pair also control one of the largest and most powerful charitable organisations in the world, the Bill and Melinda Gates Foundation.

The BBC reports previously that the foundation had outlined back-up plans in case its co-chairs cannot work together in the wake of their divorce.

The deal gives Bill and Melinda a two-year trial, after which she could resign from the organisation.

Under the agreement, she would also receive "personal resources" from her ex-husband for her own charity work, the news outlet said.