Melinda French Gates Steps Down from Gates Foundation, Pledges $12.5 Billion to Philanthropy

Melinda French Gates resigns as co-chair of the Bill & Melinda Gates Foundation, announcing a $12.5 billion pledge to philanthropy.

  • Melinda French Gates resigns as co-chair of the Bill & Melinda Gates Foundation, announcing a $12.5 billion pledge to philanthropy.
  • Her resignation follows her divorce from Microsoft co-founder Bill Gates and is set to take effect on June 7.
  • The Gates Foundation, a prominent force in global philanthropy, has disbursed $77.6 billion in grants since its inception.

Melinda French Gates has made a significant decision to step down from her role as co-chair of the Bill & Melinda Gates Foundation. In a statement, she expressed her readiness to embark on the next phase of her philanthropic journey, empowered by an additional $12.5 billion commitment to support women and families.

French Gates’ resignation comes following her divorce from Bill Gates, with whom she co-founded the influential charity in 2000. The foundation, renowned for its efforts to combat poverty, disease, and inequality globally, has disbursed billions in grants and holds a substantial endowment.

As French Gates prepares to depart, the philanthropic landscape anticipates the impact of her newfound resources and focus on initiatives centered around women’s empowerment and family welfare. Her departure marks a significant transition for the Gates Foundation, prompting reflections on its future direction and contributions to global welfare.