Philanthropist Melinda Gates leaves the foundation she founded with her ex-husband Bill Gates and receives $12.5 billion for projects aimed at supporting women and families.
Melinda's departure
Termination of cooperation
The ex-wife of Bill Gates, Melinda Gates, announced the termination of his activities in the Gates Foundation, which was created by the couple in 2000. Under the terms of the divorce settlement, she will take $12.5 billion for her own philanthropic initiatives focused on the needs of women and families. She announced this decision on her Twitter page.
A new phase of activity
Melinda Gates expressed the belief that the critical moment has come to increase support women and girls in the United States and around the world. She emphasized the need to focus on the protection and promotion of gender equality, because the fighters for these ideals are in dire need of help. June 7 will be her last day at the charity, but she promised to share more detailed plans in the near future.
"This is a critical time for women and girls in the U.S. and around the world. Those who fight for the protection and promotion of equality, urgently need support. Under my agreement with Bill, I will receive an additional $12.5 billion, which I can direct to work in the interests of women and families," the philanthropist wrote.
Changes in the Gates Foundation
The general director of the foundation, Mark Suzman, announced that after the departure of Melinda Gates, the organization will be renamed the Gates Foundation, because Bill Gates will remain the sole leader. According to Suzman, during the last few years, observing the violation of women's rights in the United States and the world, Melinda decided to focus on this direction.
"While I am sorry to see Melinda go, I am sure she will have a huge impact on her future charity," wrote Bill Gates on Twitter.
The history of the couple's philanthropy
Billionaire philanthropists Melinda and Bill Gates filed for divorce in 2021 after 27 years of marriage. According to The Guardian, they promised to continue their joint charitable activities, but there was a trial period until 2023 to determine whether they could continue to jointly manage the foundation.
Over the past 20 years, the Gates Foundation has spent more than $50 billion to fight poverty and disease. They have invested in projects involving the transformation of agricultural technologies to overcome poverty and hunger, as well as in the health sector, aimed at fighting diseases such as AIDS, tuberculosis or malaria.
Glossary
- The Gates Foundation is an international charitable organization founded by Bill and Melinda Gates in 2000, which is engaged in the fight against poverty, diseases and inequality
- Twitter is a popular social network for exchanging short text messages.
- Mark Suzman is the CEO of the Gates Foundation.
- The Guardian is a British daily newspaper.
Link
- Melinda Gates' tweet about leaving the Gates Foundation {{22}
- Mark Suzman's statement regarding the renaming of the Gates Foundation
- Bill Gates' tweet about the departure of Melinda Gates
- The Guardian article about Melinda Gates leaving the Gates Foundation
Answers to question
Why is Melinda Gates leaving the Gates Foundation?
How much money will Melinda Gates receive after leaving the Gates Foundation?
What will happen to the Gates Foundation after the departure of Melinda Gates?
What activities has the Gates Foundation conducted over the past 20 years?
What happened between Melinda and Bill Gates in 2021?
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Discussion of the topic – Melinda Gates leaves the charitable foundation and receives $12.5 billion for her own projects
Melinda Gates, ex-wife of Bill Gates and co-founder of the Gates Foundation, announced her departure from the charity. She is taking with her $12.5 billion, which she plans to spend on projects aimed at helping women and families.
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Іванна🌺
Congratulations, friends! What an amazing news - Melinda Gates is leaving the charitable foundation she founded with Bill Gates, but receiving a gigantic sum of $12.5 billion for her own projects 🤯 A good opportunity to focus on supporting women and families around the world 💪🏻 I'm interested to hear your thoughts on this decision and Melinda's plans.
Павло🧑💻
This is really exciting, Ivanna! I can't imagine how much good Melinda can do with such resources 💰 I hope her projects will have a global impact and improve the lives of women and families in the least well-off corners of the world. We will wait for more information!
Марко👨🎓
The news is very interesting! I agree that the focus on supporting women and families is the right choice after the achievements in the fight against poverty and disease from the Gates Foundation. I wonder if Melinda will encourage women in science and technology, because this is also important for equality 💻👩💻
Владислав🙄
Well, she's a fool, instead of enjoying her wealth, she's going to scatter money left and right 💰🤷♂️ Nothing can be changed, women's rights are just a trend. Isn't it better to relax and have a good time? These billionaires are always looking for trouble for themselves.
Соня😊
I wouldn't be so pessimistic, Vladislav! Wealth binds, and it's good that Melinda plans to use her resources for good. She is somehow an example for women in the world 👸🏻 I wonder if she will support start-ups of social enterprises and non-commercial projects of young women?
Артур🤓
Important topic, friends! In my opinion, Melinda is on the right track. Ensuring equal rights and opportunities for women in the world is extremely important for general progress 🌍 I would like her new projects to cover not only poor countries, but also developed ones, where gender discrimination is also observed.
Анна✨
The news is very inspiring! Melinda is a star 💫 Such amounts for charity are simply amazing. I think she will pay special attention to the education of girls and opportunities for self-realization for women. It would be cool if it involved Ukrainian experience and supported local initiatives.
Максим🏆
That's an impressive move by Melinda! $12.5 billion is a cosmic sum for charity 🚀 Her departure from the joint foundation with Bill and concentration on women's initiatives will undoubtedly have a global resonance. I wonder if it will work together with organizations like UN Women and the World Health Organization?