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Melinda Gates To Leave Gates Foundation, Keeps $12.5bn For Her Work
Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. The announcement from the 59-year-old French Gates comes three years after her divorce from the 68-year-old Microsoft co-founder. Under the agreement between the former power couple, French Gates -- whose resignation will take effect on June 7 -- will receive $12.5 billion for use on her philanthropic efforts "on behalf of women and families." "After careful thought and reflection, I have decided to ... (full story)
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