US media: "Bill & Melinda Gates Foundation" may be divided

According to Bloomberg, Seven months after their divorce, Microsoft founder Bill Gates and ex-wife Melinda made a major update to the website of the Bill and Melinda Gates Foundation, which they co-founded, on November 30, local time, announcing their respective donation plans. The move has shocked the global philanthropic community, as it could have far-reaching implications for the $50 billion Bill & Melinda Gates Foundation.

Many may remember that in 2010, when Bill and Melinda founded their charity, they solemnly promised the world that they would give most of their money in their lifetimes. After more than a decade of efforts, the Bill & Melinda Gates Foundation has become one of the largest donors in the global philanthropic community.

In July, when Bill and Melinda announced their breakup, the two had said that nothing would change for the foundation, but the Nov. 30 website said they might not be able to work together in the future, even though they would invest another $15 billion in the foundation.

Speculation has been expressed that Melinda is likely to withdraw from the two men's foundation, as the Bill & Melinda Gates Foundation said in a statement when the two divorced: "If after two years they decide not to continue as co-chair, Melinda will resign as co-chair and trustee." ”

On November 30, Gates, 66, wrote in a donation letter published on the foundation's website: "I am proud of what we have achieved so far, from supporting more than 800 million children to getting vaccinated to helping more children get a full school education." The Future Foundation's mission will continue to expand, but it will remain focused on helping the world's poorest people and improving education in the United States. ”

Melinda, 57, spoke about the Gates Foundation in her donation letter, while introducing her new charity Pivotal Ventures, which she said is an investment firm focused on gender equality. "I will devote my time and energy to eradicating poverty and promoting equality for women and girls in the United States and around the world," she wrote. ”

According to Bloomberg, Bill Gates' net worth is $136.8 billion and Melinda's is $11.7 billion. (Editor/Yang Wenjing)

Source: Reference News Network