Melinda French Gates, co-founder of the Bill and Melinda Gates Foundation, announced her resignation from the organization on June 7, 2024. The foundation is recognized as one of the most powerful organizations in global philanthropy and has made significant strides in reducing deaths caused by malaria and other infectious diseases. Ms. Gates will commit an additional $12.5 billion to her work on behalf of women and families after leaving the foundation.
According to various sources, Melinda French Gates announced her resignation from the Bill and Melinda Gates Foundation on June 7, 2024. The foundation is one of the most powerful organizations in global philanthropy and has made significant strides in reducing deaths caused by malaria and other infectious diseases. It is also one of the biggest donors at the World Health Organization, exerting a considerable level of influence over policies in developing countries, especially in health and education.
Ms. Gates will depart from the foundation with an additional $12.5 billion to commit to her work on behalf of women and families. She has played a significant role in the size and reach of the organization since its founding in 2000.
The couple, who met in 1987, launched the non-profit foundation together. It has since grown to over 2,000 employees with grants made to communities and businesses all around the world. The foundation's name will change to the Gates Foundation and Bill Gates will become the sole chair.
Ms. French Gates founded Pivotal Ventures in 2015 with a focus on advancing opportunities for women and minorities in technology in the United States.
The divorce between Melinda and Bill Gates was finalized in August 2021, but it was announced earlier that year. The couple had been married for 27 years.
This is a developing story.