The ex-wife of Bill Gates will still have $12.5 billion to commit.
Share on email Melinda French Gates has played a significant role in the size and reach of the foundation. She added that she'll depart with an additional $12.5 billion to commit to programs for women and children.She said in a statement that the decision to leave was not taken lightly and that she has full confidence in CEO Mark Suzman and his leadership team.The foundation sprung from the billions of dollars Bill Gates earned as one of Microsoft's co-founders and CEO.
The couple, who met in 1987, launched the non-profit in 2000. It has since ballooned to more than 2,000 employees, with grants made to communities and businesses all around the world.In interviews, Melinda has said she and Bill have a working relationship and she maintained that she would remain at the foundation.: With its newly installed board of trustees firmly in place, the work of the Gates Foundation is likely to continue largely uninterrupted.
Meanwhile, armed with that $12.5 billion, Melinda Gates has overnight become a major force in her own right in the world of institutional philanthropy.Share on facebook
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