Gates divorce forces US$50bil foundation to weigh changes


A jogger passes by the Bill and Melinda Gates Foundation in Seattle, Washington. Suzman said no decisions have been made, but added that Bill and Melinda have ‘reaffirmed their commitment to the foundation and continue to work together on behalf of our mission’. — AFP

Bill Gates and Melinda French Gates are considering making changes to their foundation in light of their recently announced divorce.

“As I told foundation employees last week, I’m actively discussing with Bill and Melinda steps they and Warren might take to strengthen the long-term sustainability and stability of the foundation,” Mark Suzman, the Gates Foundation’s chief executive officer, said in a statement Thursday, referring to billionaire Warren Buffett, the third member of the foundation’s board.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philanthropy , charity , Bill Gates

Next In Tech News

Legal AI startup Ivo raises $55 million in latest funding round
Britain needs 'AI stress tests' for financial services, lawmakers say
Bristol Myers partners with Microsoft for AI-driven lung cancer detection
US IT hardware stocks fall as Morgan Stanley turns cautious on sector
Sequoia, Accel-backed Ethos Technologies eyes $1.3 billion valuation in US IPO
UK weighs Australia-style social media ban for children under 16
Meta 'turning a blind eye' to illegal gambling ads, UK Gambling Commission says
MCMC and Selangor govt sign MOU on smart cities project
How do teens feel about cellphone bans? You might be surprised
Uber’s quest to crack Japan leads through a rural hot-springs town

Others Also Read