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Melinda French Gates no longer pledges bulk of her wealth to Gates Foundation

Billionaire still promises to give away fortune, cites Pivotal Ventures in new Giving Pledge letter
Bill Gates, co-chair of the Bill & Melinda Gates Foundation gestures next to his wife Melinda French Gates during the session "Sustainable Development: A Vision for the Future" in the Swiss mountain resort of Davos January 23, 2015.

Bill Gates, co-chair of the Bill & Melinda Gates Foundation gestures next to his wife Melinda French Gates during the session "Sustainable Development: A Vision for the Future" in the Swiss mountain resort of Davos January 23, 2015.

Melinda French Gates is no longer pledging to give the bulk of her wealth to the Bill & Melinda Gates Foundation and instead plans to spread it among philanthropic endeavors, according to people familiar with the matter.

The billionaire made the change official in late 2021 following her divorce from Microsoft Corp. co-founder Bill Gates, the people said, when she published her first individual Giving Pledge letter. In 2010, the couple had committed in a joint Giving Pledge letter to give most of their fortune to the Gates Foundation.

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Author: Editors Desk

Source: Fox News:

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