Melinda Gates Resigns June 7, Gets $12.5B from $75B Foundation

May 13, 2024, 04:58 PM

Melinda French Gates has announced her resignation as co-chair of the Bill & Melinda Gates Foundation, effective June 7. As part of her departure, she will receive $12.5 billion to start her own philanthropic venture. This decision comes three years after her divorce from Bill Gates. Bill Gates has expressed gratitude for her contributions to the foundation, which has significantly impacted global health and gender equality. Her last day of work at the foundation, valued at $75 billion, will be June 7th.