Melinda French Gates Resigns from Bill and Melinda Gates Foundation: She's Getting $12.5 Billion

Melinda French Gates Resigns from Bill and Melinda Gates Foundation: She’s Getting $12.5 Billion


Melinda French Gates announced Monday that she is taking $12.5 billion and leaving the philanthropic foundation she started with her former husband, Microsoft co-founder Bill Gates.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill and Melinda Gates Foundation,” she said in a statement shared on social media.

“This is not a decision I came to lightly,” Gates wrote.

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“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,” she said.

“The time is right for me to move forward into the next chapter of my philanthropy,” the 59-year-old billionaire wrote.

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