Bill Gates' ex-wife will leave the foundation if she is not comfortable

 

When Bill Gates and Melinda French Gates announced their divorce some time ago, one of the questions was how the two would work together on the Bill and Melinda Gates Foundation. Now that question has been answered.

Bill and Melinda Gates CEO Mark Suzman said Bill and his ex-wife will enter a probationary period and will continue to work at the foundation for two years after the divorce. If in two years the two of them do not feel comfortable working together, Melinda will resign from the foundation.

"If after two years one of the two decides they cannot continue to work together as co-chairs, French Gates will step down from his position as co-chair and trustee," Suzman said in the announcement. / 2021).

Suzman added, if Melinda really resigned then Bill Gates would have full control of the foundation. Melinda is also supported to continue doing charity and will get personal funds from Bill which will be separated from the foundation funds.

It is not known how much money Bill will give to his ex-wife's charity work. But since Melinda is now also a millionaire, it seems that she will have no trouble funding her charity.

In addition, Suzman also announced that Bill and Melinda will donate their personal wealth of USD 15 billion to help their foundation in the fight against poverty, disease and injustice.

The Bill and Melinda Gates Foundation will also increase the number of trustees who will oversee the foundation's journey. New trustees are expected to bring fresh perspectives, help direct fund allocations and strategic direction, and ensure the foundation's stability and continuity.

Recently, the Bill and Melinda Gates Foundation lost one of its largest trustees and investors, Warren Buffett. Buffett, who is a close friend of Bill Gates, did not explain why he left the charity.

The Bill and Melinda Gates Foundation is one of the largest charitable foundations in the world that was established in 2000. Bill and Melinda Gates often refer to this charitable foundation as their fourth child.

Since its establishment two years ago, this charitable foundation has contributed more than USD 55 billion to global initiatives related to poverty and health, including the handling and development of a COVID-19 vaccine.