Melinda French Gates will resign from foundation if she and Bill Gates can’t work together
Bill Gates and his wife Melinda Gates will present the Goalkeeper Event at Lincoln Center in New York on September 26, 2018. (Photo by Ludovic MARIN / AFP) (Photo credit should be LUDOVIC MARIN / AFP via Getty Images)
LUDOVIC MARIN | AFP | Getty Images
Melinda French Gates, the 27-year wife of Microsoft co-founder Bill Gates, will step down as co-chair and trustee of the Bill & Melinda Gates Foundation if either of the two determines the two cannot co-chair announced the foundation on Wednesday.
The announcement comes two months after the announcement of the separation of the duo.
If Melinda French Gates leaves, Bill Gates would give her “personal resources” for philanthropic purposes separate from funding the foundation, the foundation said in a statement.
One of the richest in the world, the foundation was established in 2000 and is a symbol of the couple’s efforts to spend money on education, health, and other areas.
The foundation said the two combined contributed $ 14 billion in fresh money to the organization, which spent over $ 5 billion in 2019.
The Gateses said they had agreed to increase the number of trustees, the foundation said. Currently, she and Warren Buffett are the only trustees, and Buffett announced that he will be stepping down as trustees in June.
“I am grateful to the Foundation’s leadership team, employees and partners for their commitment to making the world a healthier and fairer place,” wrote Bill Gates in a tweet following the announcement.
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