Melinda Gates Plans To Leave The Charitable Foundation

One of the world’s most prominent philanthropists and Bill Gates’ ex-wife, Melinda French Gates, announced on Monday that she will resign from the Bill & Melinda Gates Foundation, which she has been leading for almost 25 years, starting from late 2000. The foundation made grant payments worth around $78 billion during this time. 

The foundation’s CEO, Mark Suzman, wrote in a statement on Monday, “Melinda has new ideas about the role she wants to play in improving the lives of women and families in the U.S. and around the world. And, after a difficult few years watching women’s rights rolled back in the U.S. and around the world, she wants to use this next chapter to focus specifically on altering that trajectory.” 

Melinda Gates said she plans to leave the organization on 7 June 2024 and will update people on her future charitable ventures, if any. She also posted an update on X, saying, “This is not a decision I came to lightly. I am immensely proud of the foundation that Bill and I built together, and of the extraordinary work it is doing to address inequities around the world.” Following her resignation, the foundation will change its name from Bill & Melinda Gates Foundation to Bill Gates Foundation. 

Microsoft’s co-founder Bill Gates also expressed his disappointment in her ex-wife’s resignation and wrote on X, “I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work. Looking ahead, I remain fully committed to the Foundation’s work across all our strategies and to realizing the opportunities we have to continue improving the lives of millions around the world.” 

The Bill & Melinda Gates Foundation was founded in 2000 to improve health care in developing countries, improve educational infrastructure and opportunities, and fight for equality worldwide. Bill Gates mentioned in an interview with CNN that Bill Gates and his partners, like Warren Buffet, have donated more than $100 billion to the foundation, which the foundation expects to spend in the next 10 years. 

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