Melinda Gates resigns as co-chair of $59.5B Gates Foundation.

Melinda French Gates, co-founder of the $59.5 billion Bill & Melinda Gates Foundation, announced her resignation as co-chair on June 7. She plans to focus on women's rights and equality issues, and will receive an additional $12.5 billion from her ex-husband Bill Gates to support her philanthropic endeavors. The foundation will rebrand itself as The Gates Foundation and will continue its work, with Bill Gates remaining fully committed to its mission.

May 13, 2024
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