Melinda Gates to exit Gates Foundation with $12.5bn for own charity work
Melinda Gates, Co-chair of the Bill & Melinda Gates Foundation, participates in a panel titled "Empowering Women as Entrepreneurs and Leaders" at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, US on April 13, 2023. PHOTO | REUTERS
Melinda French Gates is leaving the charitable foundation she co-founded with former spouse Bill Gates more than 20 years ago and will get $12.5 billion for her own work to uplift women and families, she said on Monday.
The billionaire benefactors parted ways in 2021 after 27 years of marriage but had pledged to continue their philanthropic work together.
