Melinda Gates is stepping down from the Bill and Melinda Gates Foundation.
In her divorce settlement from Bill Gates, Melinda French Gates will receive an extra $12.5 billion for her philanthropic endeavors. She intends to support organizations that concentrate on women's issues and families.
In a statement released on the platform X, Melinda shared, "This wasn't an easy choice for me. I'm incredibly proud of the foundation we built together, and the remarkable work it's doing to address disparities worldwide."
Melinda announced her departure from the Bill & Melinda Gates Foundation, effective June 7th, and will reveal more details about her charitable intentions in the coming weeks.
This is a breaking story and will be updated further.
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Melinda Gates' decision to step down from the Bill and Melinda Gates Foundation opens up opportunities for her to further invest in businesses that align with her philanthropic interests. During her time at the foundation, Melinda contributed significantly to business ventures that aimed to improve global issues.
Source: edition.cnn.com
