Monday, May 13, 2024

Melinda Gates Quits Gates Foundation after Divorce from Microsoft Billionaire

Melinda French Gates has announced her resignation as co-chair from the foundation she formed with her ex-husband.

She steps down from the Bill & Melinda Gates Foundation, notorious for funding far-left organizations and pushing a globalist agenda, next month.

This decision was revealed via a Monday statement on X.

The move comes nearly three years after her public divorce from Microsoft co-founder Bill Gates.

In the statement, Gates said she will step down from her role as co-chair of the organization on June 7.

“This is not a decision I came to lightly,” Melinda Gates said in her statement.

“I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world.

“I care deeply about the foundation team, our partners around the world, and everyone who is touched by its work.”

Under the terms of the agreement, Melinda Gates will be handed $12.5bn for her work on behalf of women and families.

She added: “This is a critical moment for women and girls in the US and around the world – and those fighting to protect and advance equality are in urgent need of support.”

The Bill and Melinda Gates Foundation, which was founded in 2000, is one of the world’s largest private charitable foundations.

It is one of the most influential organizations in public health.

The foundation has spent around $50bn over the past two decades to push vaccines and fight poverty.

Her departure from the charity she helped to set up with the Microsoft billionaire comes after the couple announced they were divorcing in 2021 after 27 years of marriage.

They had previously said they would continue their philanthropic work together.

Bill Gates has recently been rocked by revelations about his links to convicted pedophile Jeffrey Epstein.

Melinda Gates cited her ex-husband’s relationship with Epstein as a key factor in the breakdown of their marriage.

Epstein, who was found dead in jail in 2019, reportedly threatened to expose the tycoon over an alleged affair he had with a Russian bridge player in her 20s.

A spokesman for Bill Gates said in March last year:

“Mr. Gates met with Epstein solely for philanthropic purposes.

“Having failed repeatedly to draw Mr. Gates beyond these matters, Epstein tried unsuccessfully to leverage a past relationship to threaten Mr. Gates.”

She added: “Mr. Gates had no financial dealings with Epstein.”

Gates has said his secret meetings with the disgraced financier were a mistake.

In her statement, Melinda Gates said she had “full confidence” that the foundation was in good shape under the leadership of chief executive Mark Suzman.

She added:

“The time is right for me to move forward into the next chapter of my philanthropy.”

Melinda Gates’s full statement reads:

After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation. My last day of work at the foundation will be June 7th.

This is not a decision I came to lightly. I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world. I care deeply about the foundation team, our partners around the world, and everyone who is touched by its work.

I am taking this step with full confidence that the foundation is in strong shape, with its extremely capable CEO Mark Suzman, the Executive Leadership Team, and an experienced board of trustees in place to ensure all its important work continues. The time is right for me to move forward into the next chapter of my philanthropy.

This is a critical moment for women and girls in the U.S. and around the world — and those fighting to protect and advance equality are in urgent need of support. Under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families. I’ll be sharing more about what that will look like in the near future.

Bill Gates, issued a separate statement to express his sentiments about the resignation:

“I am sorry to see Melinda leave, but I am sure she will have a huge impact on her future philanthropic work.”

https://slaynews.com/news/melinda-gates-quits-gates-foundation-divorce-microsoft-billionaire/

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