Melinda French Gates' $12.5 billion exit

the Gates Foundation, Melinda French Gates has effectively managed to raise $12.5 billion for her philanthropy focused on women and girls.Under the terms of her divorce agreement with Bill Gates, French Gates is entitled to "receive personal resources from Bill for her philanthropic work," per a 2021The cash going to French Gates is "completely separate from the foundation's endowment, which would not be affected," per the announcement.

In other words, the $12.5 billion is coming out of Bill Gates' personal wealth, not out of the Gates Foundation, whose work — much of which also centers on women and girls, thanks in very large part to French Gates' influence — is broadly unaffected.Her work at the Gates Foundation is done, and it will continue to carry out her philanthropic agenda in her absence. Now she has $12.5 billion from her ex-husband to build a new force in philanthropy.

As one of the minuscule number of humans ever to found two multi-billion-dollar philanthropies, she has a quarter-century of experience to use in terms of knowing what — and what not — to do this time around.Share on linkedin

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