Melinda French Gates announced Monday that she will step down as co-chair of the Bill & Melinda Gates FoundationFILE - Co-chair of the Bill & Melinda Gates Foundation Melinda French Gates smiles as she leaves the Elysee Palace, June 23, 2023, in Paris. Melinda French Gates will step down as co-chair of the Bill & Melinda Gates Foundation, the nonprofit shone of the largest philanthropic foundations in the world that she helped her ex-husband Bill Gates found more than 20 years ago.
She praised the foundation's CEO, Mark Suzman, and the foundation's board of trustees, which was significantly expanded after the couple announced their divorce in May 2021. Bill Gates thanked French Gates for her “critical” contributions to the foundations in a statement, saying, “I am sorry to see her leave, but I am sure she will have a huge impact in her future philanthropic work.”
The Gates Foundation did not immediately return a request for comment about whether those assets would come from the foundation itself. In an emailed statement, the foundation said that Suzman announced the decision to employees on Monday.
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