Melinda Gates Walks Away With R229 Billion After Charity Foundation Exit, Mzansi Weighs in

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Bill Gates's ex-wife, Melinda French Gates, will be leaving the Gates Foundation they co-founded. She'll receive $12.5 billion to pursue her own charitable work.

Melinda will receive a R229bn billion payout to continue her work empowering women and families through her own charity

South Africans reacted with mixed feelings online, with some questioning the foundation's purpose and others celebrating Melinda's future endeavoursMelinda Gates will receive a payout of R229bn upon leaving a foundation she founded with her ex-husband, Bill Gates. Image: Aurelien Meunier/Getty ImagesAccording to reports, Bill Gates's ex-wife, Melinda French Gates, will leave a charity foundation she founded with her husband over 20 years ago.

While some joked about whether the money would be out to good use, others claimed there was more to the story than meets the eye."We all know these foundations are tools to hide money from the tax man, it’s just a tool for the rich and powerful to launder money."News of the relationship comes close to two years after Gates, 67, and his ex-wife, Melinda French Gates, announced they were divorcing after 27 years of marriage.

 

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