Bill and Melinda French Gates split giving pledge after divorce

Gates said he’ll continue to focus his philanthropy on the Bill and Melinda Gates Foundation’s work. — Bloomberg

Bill Gates and Melinda French Gates laid out their individual plans for giving away their fortunes almost seven months after announcing their divorce, a move that shook up the world of philanthropy because of the potential impact on their US$50bil (RM210.22bil) foundation.

The couple initially wrote a letter in 2010 for the Giving Pledge, a promise to give away the majority of their money in their lifetime or their wills. On Tuesday, the pledge’s website was updated to include their new separate letters.