Melinda Gates Announces Departure from Gates Foundation

Mon May 13 2024
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LOS ANGELES: Melinda French Gates said on Monday she was leaving the philanthropy mega foundation, the Bill & Melinda Gates Foundation, that she established with her ex-husband, Microsoft co-founder Bill Gates.

The announcement, made via social media, revealed that her resignation would be effective on June 7th.

While the statement did not explicitly state the reasons behind her departure, it highlighted an agreement with Bill Gates that would see her committing an additional $12.5 billion to her work on behalf of women and families.

The Bill & Melinda Gates Foundation, fueled by the immense wealth amassed from the success of Microsoft, has long been at the forefront of global philanthropy. With a focus on combating preventable diseases and alleviating child poverty, the foundation has made significant strides in improving healthcare and education around the world. According to the foundation’s own records, it has disbursed an impressive $53.8 billion since its inception in 2000, leading to a notable reduction in child mortality rates globally.

The news of Melinda Gates’ resignation comes amidst ongoing scrutiny of the Gates family following their highly publicized divorce. Despite the personal challenges they face, both Melinda and Bill Gates appear determined to uphold their shared commitment to philanthropy.

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