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Melinda French Gates Resigns From The Powerful Charity Foundation She And Bill Founded
Melinda Gates
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Melinda French Gates announced she's resigning as co-chair of the Bill & Melinda Gates Foundation.
"The time is right for me to move forward into the next chapter of my philanthropy," she wrote in a statement on X.
She added that she'll have "an additional $12.5 billion to commit to my work on behalf of women and families" thanks to an agreement with her ex-husband, Microsoft founder and billionaire Bill Gates.
French Gates' resignation is effective June 7.
In 2022, after the couple's divorce, French Gates said she was committed to staying on at their powerful charity and working together.
This is a developing story. Please check back for updates.
Read the original article on Business Insider
