Melinda Gates to leave Gates Foundation for own charity work with $12.5 billion grant
- Melinda French Gates is set to depart from the Gates Foundation to pursue her own philanthropic endeavors with a grant of $12.5 billion.
- The Gates Foundation will undergo a name change, and Bill Gates will become the sole chairperson.
- Melinda Gates aims to focus on uplifting women and families through her charity work.
Melinda French Gates is leaving the foundation she started with Bill Gates. She will get $12.5 billion for her own projects to help women and families. They got divorced in 2021 after being married for 27 years. They didn't say how they split their things. Melinda Gates will focus on helping women and families after leaving the foundation. The foundation will change its name to Gates Foundation, and Bill Gates will be in charge. They have given over $75 billion to help fight poverty and disease. Melinda Gates will leave the foundation on June 7. Bill Gates said he is sad to see her go but believes she will do great things. Melinda Gates has her own company called Pivotal Ventures that helps women and families. Melinda French Gates is stepping down from the foundation she started with Bill Gates. She will have $12.5 billion to help women and families. Bill Gates will continue the foundation's work.