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Andy Sieg shocked the finance industry last spring when he left Merrill Wealth Management. AdvertisementBank of America analyst Ebrahim Poonawala recently argued that Citi should consider selling the wealth business if it cannot improve its profitability. AdvertisementWhile Sieg has told Citi managing directors to manage up less, a former Merrill executive who worked under him said Sieg was adept at it. Former Citi managing directorAdvertisementVahid's position will be taken by Kris Bitterly, the global head of investment products, in September. Mirroring tactics that supercharged Merrill, Sieg has changed Citi Wealth's compensation scheme to prioritize asset gathering, to the consternation of several employees.
Persons: Andy Sieg, Kevin Crain, Sieg, Crain, Jane Fraser, Fraser, Morgan Stanley, Merrill, Smith Barney, Ebrahim Poonawala, Wells, Mike Mayo, Brian Moynihan, Alex Wong, Moynihan, Fraser isn't, Mayo, anoint, Jamie Dimon, Jennifer Piepszak, Marianne Lake, Viswas Raghavan, Jane, He'd, George H, Bush, Bill Schreyer, Merrill Lynch, Dave Komansky, David Komansky, YOSHIKAZU TSUNO, Phil, Doug, Lord Abbett, David Poole, Citi's, there's, That's, Poole, Glenn Schorr, Jim O'Donnell, O'Donnell, Sieg's, Andy Sieg's, Naz Vahid, David Bailin, Bailin, Naz, Phil Waxelbaum, Vahid, Kris, Don Plaus, Keith Glenfield, Dawn Nordberg, Edward Jones, They're, Ernst & Young, he's Organizations: Merrill Wealth Management, Business, Citi, Bank of America, Morgan, BI, Merrill, Bank, Citigroup, JPMorgan, Harvard, Penn State, JPMorgan Advisors, United Arab, Citi . Citi, Work, Citi lifer, Former Citi, North, Citi Alliance, Citi Wealth, Bloomberg, Ernst &, Citizens Bank Locations: Sieg, Wells Fargo, Merrill, Bellefonte , Pennsylvania, Poole, Singapore, United Arab Emirates, Mexico, London, Aventura , Florida, Asia, Manhattan, North America
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewHaving a stellar résumé and LinkedIn profile is only half the battle to survive the job market. Nailing your interviews is a separate test — and the Tripadvisor cofounder Steve Kaufer recently shared some red-flag answers to avoid. AdvertisementIn other words, don't play the blame game in interviews, as it could suggest an inability to take responsibility when things get tough. Kaufer said he looks not only at the obstacles interviewees struggled with but at their ability to constantly evaluate and improve.
Persons: , Steve Kaufer, Logan Bartlett, Kaufer, he'd, they'd Organizations: Service, Business, Software
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Nailing your hiring interviews is an entirely separate test, and Tripadvisor cofounder Steve Kaufer recently shared some red flag answers to avoid. Kaufer said he listens for tendencies to blame others (a red flag) or their ability to be empathetic to coworkers (a green flag). The answer to that question can also indicate differing definitions of hard work, the former Tripadvisor CEO said. For example, if the candidate viewed a task as difficult because they had to work on a single Saturday, that can be "kind of a red flag," Kaufer said.
Persons: , Steve Kaufer, Logan Bartlett, Kaufer, Kaufe, he'll Organizations: Service, Business
You don’t hear so much about effective altruism now that one of its most famous exponents, Sam Bankman-Fried, was found guilty of stealing $8 billion from customers of his cryptocurrency exchange. But if you read this newsletter, you might be the kind of person who can’t help but be intrigued by effective altruism. Effective altruism is a new movement inspired by philosophers (including Peter Singer and William MacAskill) and embraced by Silicon Valley engineers who pride themselves on taking a logical, data-driven approach to life. Last week I talked with people who believe in effective altruism and others who don’t. Is it egotistical or merely sensible to demand proof that our money is being put to good use?
Persons: Sam Bankman, ” That’s, Dustin Moskovitz, Peter Singer, William MacAskill Organizations: Open, Facebook, Wall Street Journal, Silicon
Fleischman's privileged life likely helped her reach 100 in good health, and genetics probably played a part, too. Here are three habits Fleischman has kept up across her life that may have helped her reach triple digits. BI's Gabby Landsverk recently reported on some of the best exercises for longevity and balance that don't require a gym. One 2019 study found that women who had an active social life were 41% more likely to reach age 85 than those who were isolated. Fleischman, who calls herself a "professional volunteer," has been doing so her whole life, and says that helping others "gives her pleasure."
Persons: , Barbara Fleischman, Lawrence Arthur Fleischman, Fleischman, Kennedy, Johnson, I've, she's, She's, Gabby Landsverk Organizations: Service, Juilliard School, New York Public Library, American, Smithsonian Institution, Metropolitan Museum of Art, Business, United Nations, Sunrise, The New York Public Library, Carnegie Hall, Juilliard, Centers for Disease Control Locations: Detroit, New York City, New York, East
Eight current and former Nvidia employees spoke to Business Insider about Huang's leadership style and what it's like to be grilled by him. This story is available exclusively to Business Insider subscribers. AdvertisementThree former senior-level employees said Huang's leadership style is based on this focus on continuous improvement and learning from mistakes. The 'Jensen grilling'Senior-level employees often experience what some have referred to as a "Jensen grilling"— intense questioning by Huang. One employee likened Huang's grilling to an attorney's interrogation, noting that he wouldn't back down until he'd made his point.
Persons: , Jensen Huang, Mark Zuckerberg, Taylor Swift, Huang, they've, Columbo, Hunag, Jensen, he'd Organizations: Service, rockstar, Nvidia, Business Locations: Silicon Valley, Hawaii, Bay, Japan, jyotimann
Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Her experience and success in forming her own family office and running two foundations has led her to her new venture: a multifamily office aimed at the next generation, targeting people like herself. Lewis’ company, called Beatrice Advisors, aims to change the traditional business of managing the fortunes of the wealthy and inheritors. Beatrice Advisors aims to make education and accessibility paramount since many young inheritors will be new to managing wealth, Lewis said. A growing number of ultra-wealthy families are turning to multifamily offices for generational wealth transitions, given their expertise in family wealth dynamics and governance.
Persons: Christina Lewis, Beatrice, Reginald Lewis, , that’s, Lewis, Christina, , ” Lewis, ” Christina Lewis, Robert Frank, inheritors, Lewis ’, ” “, Meredith Bowen, ” Bowen, Bowen, Reginald F Organizations: Beatrice Advisors, International, Advisors, Cerulli Associates, Disney, Seven Bridges Advisors, Lewis Foundation Locations: American
And it’s a style that Melinda French Gates appears to be emulating, at least partly, in her newly solo philanthropic venture. Now independent of that organization, French Gates is free to take bets on organizations and communities regardless of their size or ability to demonstrate their impact. Scott and French Gates’ ex husbands, meanwhile, aren’t getting as many kudos for their charitable work as they might like. Gates, with a net worth of $154 billion, has also faced criticism for the Gates Foundation’s methods. “That can’t happen through the Gates Foundation’s father-knows-best, look-at-me brand of bureaucratic philanthropy.”
Persons: CNN Business ’, New York CNN —, Ivana Trump, Don’t, MacKenzie Scott, Jeff Bezos, Melinda French Gates, Gates, Bill Gates, “ I’m, Scott, it’s, ” Amir Pasic, Indiana University Lilly, ” That’s, ” Pasic, , Gates ’, aren’t, Bezos, hadn’t, Tim Schwab, Organizations: CNN Business, New York CNN, Club, New York Times, Indiana University, Indiana University Lilly Family School of Philanthropy, Women’s, Gates, CNN, Bloomberg Locations: New York, Maui, Bezos, Gates, Nation
But this is the global system we do have and, within it, some billionaires are behaving much more generously and ethically than others. Melinda French Gates is one of the good ones. French Gates has long been an advocate for family planning and women’s rights abroad, and now she’s dedicating $1 billion through 2026 to those issues. Female billionaires, in other words, are far more likely than male ones to give away substantial portions of their wealth. So yes, we can applaud the good billionaires who give their wealth away, even if we think that they are representative of a bigger inequality problem.
Persons: Jill Filipovic, , Melinda French Gates, French Gates, it’s, She’s, Gates, MacKenzie Scott, Jeff Bezos, Scott, Forbes, Elon Musk, Larry Ellison, Warren Buffett, Larry Page, Ellison, Page, Buffett, Donald Trump’s, Sam Altman, Bill Gates, Scarlett Johansson, that’s, George Soros, doesn’t Organizations: Twitter, CNN, Gates Foundation, The New York Times, Forbes ’, Forbes, Elon, Facebook Locations: New York, United States, French, The, New Zealand, There’s
Read previewNew Mexico's basic income pilot set out to fill a gap in America's financial safety net: many immigrants aren't able to access help. New Mexico's program is among the first basic income programs to operate at the state level and to specifically serve immigrant households. AdvertisementThe pilot's success has also provided momentum for future basic income programs in the region. With basic income, participants saw improved employment and education outcomesThe New Mexico pilot served mixed-status households in 13 counties across the state. AdvertisementHave you benefitted from a guaranteed basic income program?
Persons: , aren't, Marcela Díaz, Javier Rojo, Doña Ana County, I've, Rojo Organizations: Service, Business, Pueblo Unido, New, New Mexico Economic Relief, Un, Un Pueblo Unido, Children, New Mexico House Locations: New Mexico, Pueblo, Un Pueblo, Doña Ana
Melinda French Gates further explained her decision to leave the foundation she started with Bill Gates. In an op-ed in The New York Times, she said she's leaving to focus her philanthropy on women and girls. AdvertisementMelinda French Gates is speaking out about her upcoming departure from the philanthropic foundation she cofounded with her now ex-husband Bill Gates. She explained her decision in an op-ed in The New York Times published Tuesday. "That's why, next week, I will leave the Bill & Melinda Gates Foundation, of which I was a co-founder almost 25 years ago, to open a new chapter in my philanthropy."
Persons: Melinda French Gates, Bill Gates, Gates, , I've, Melinda Gates Organizations: The New York Times, Service, Melinda Gates Foundation
French Gates said she will donate $1 billion through 2026 to advance women’s rights around the world through her organization, Pivotal Ventures. French Gates will also give $250 million in awards to organizations working to help improve women’s mental and physical health. “I’m also experimenting with novel tactics to bring a wider range of perspectives into philanthropy,” French Gates wrote in her op-ed. In her op-ed, French Gates said she was once told to set her own agenda before someone else sets it — and that’s why she chose to leave the Gates Foundation. Just 2% of donations in the United States go to organizations focused on women and girls, French Gates noted.
Persons: Melinda French Gates, Dobbs, Gates, Melinda Gates, MacKenzie Scott, French Gates, Scott, “ I’m, Jacinda Ardern, Allyson Felix, Shabana Basij, Organizations: New, New York CNN, New York Times, Melinda Gates Foundation, Gates Foundation, New Zealand Locations: New York, United States
That’s why, next week, I will leave the Bill & Melinda Gates Foundation, of which I was a co-founder almost 25 years ago, to open a new chapter in my philanthropy. The second the global agenda gets crowded, women and girls fall off. Decades of research on economics, well-being and governance make it clear that investing in women and girls benefits everyone. We know that economies with women’s full participation have more room to grow. That reducing the time women spend in poor health could add as much as $1 trillion to the global economy by 2040.
Persons: ” I’ve, Melinda Gates, it’s Organizations: Melinda Gates Foundation Locations: United States
Basic income has become a trending strategy to combat poverty in cities nationwide. ARPA funds have been used to partially or fully fund most US basic-income pilots so far, but funds are set to expire. While philanthropy and nonprofit work have been central to basic-income pilots, they are not always a long-term or large-scale funding solution. More GBI programs are electing to focus on specific groups of participants, like low-income parents with children and foster youth. The program is funded through the Temporary Aid to Needy Families Program (TANF), an existing federal cash assistance program for low-income families.
Persons: , Michael Tubbs, Tubbs, It's, Tubbs —, GBI —, Marcela Díaz, let's, Díaz, Teri Olle, Olle, John Gillette, Ken Paxton, Dustin Palmer, GiveDirectly, Palmer, Shafeka Hashash, Hashash, Hashah, GBI Organizations: Service, Business, SNAP, Medicaid, Somos Un, Somos Un Pueblo Unido, Economic Security, New, New Mexico House, California Senate, Republican, South Dakota Republicans, ARPA, Pew Charitable Locations: Stockton , California, Durham , North Carolina, Birmingham, Chicago, Antonio, San Antonio, Denver, Seattle, California, New Mexico, State, Mexico, Somos, Somos Un Pueblo, Economic Security California, Arizona, Iowa, Harris County , Texas, Flint , Michigan
Read previewA billionaire gifted graduating students at UMass Dartmouth with "envelopes full of cash" totaling $1,000. Related storiesA UMass Dartmouth press release said security brought onstage two large duffle bags "packed with envelopes full of cash." AdvertisementHale told graduates that he had two envelopes to give them: one reading "gift" and the other reading "give." UMass Dartmouth graduates received $1,000. If all 1,200 students received the $1,000, Hale's giveaway amounted to about $1.2 million.
Persons: , Robert Hale Jr, Hale, Jerry Seinfeld, Seinfeld, Duke Organizations: Service, UMass Dartmouth, Granite Telecommunications, Business, UMass Dartmouth Chancellor's, Columbia University, Duke University, BI Locations: Hale, United States, Gaza, Israel
AdvertisementSome attribute it to dumb luck, but others think Jimmy "MrBeast" Donaldson has changed content creation forever and set a new standard for what content creators can aspire to. Importantly, he is changing how influencers are viewed by traditional media. Jamie Nudelman, a social media growth expert at the digital marketing consultancy Viral Marketing Stars, told Business Insider that Donaldson has become "more powerful than traditional media." Advertisement"Truthfully, Amazon Prime needs MrBeast more than MrBeast needs Amazon Prime," he said. "Most content creators ride on a trend and then get stuck in it," Nudelman said.
Persons: , Jimmy, MrBeast, Donaldson, MrBeast Donaldson, YouTube's, Jamie Nudelman, Justin Bieber, Liza Koshy, Bo Burnham, Rachel Pedersen, James Charles, Shane Dawson, Jaclyn Hill, Nudelman, It's, influencers, Pedersen, Liz Germain, Germain, Donaldson obsesses, it's, he's Organizations: Service, Business, Amazon Prime, Amazon, Jeffree, Super Locations: tatters
A rocky startVoight was the first Miss Utah to win the Miss USA crown since 1960. Miss USARose, a fashion designer, bought the Miss USA license after a turbulent year that included rigging allegations and a sexual harassment cover-up. Hector Vivas/Getty ImagesIn her Miss USA resignation letter, Noelia detailed the "detrimental mental and emotional toll" of her time at Miss USA and how it "greatly impacted" her physical health. Noelia and UmaSofia's reigns as Miss USA and Miss Teen USA would have officially ended in August, but their mothers said it became too much. The network — which signed a three-year deal in April to air both the Miss USA and Miss Teen USA competitions — said on Monday that it's now "evaluating its relationship with both pageants," according to USA Today.
Persons: Noelia Voigt, Jackeline Voigt, Noelia's, Jackeline, Barbara Srivastava —, Miss Teen USA UmaSofia Srivastava, Noelia, UmaSofia, Barbara, Miss USA's, Laylah Rose, aren't, Rose, Voight, We're, we're, Brian Ach, Miss USA, Thom Brodeur, UmaSofia Srivastava, Barbara Srivastava Barbara, didn't, Stephanie Skinner, Skinner, Teen USA — Barbara, Rose hadn't, USA's, Kenya Moore, Olivia Culpo, they're, Voigt, Hector Vivas, , — Noelia, Rose weaponized, Claudia Michelle —, Michelle, Colorado Arianna Lemus, Laylah, she's, Barbara Srivastava, it's, Brodeur Organizations: Miss USA, Business, Miss Teen USA, Miss, ABC News, New York, Christmas, Teen USA, Miss Universe, El, ., BI, USA, Miss Teen, Noelia, CW Network Locations: Venezuelan American, Miss Utah, Miss USA, Noelia's, USA, El Salvador
AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.
Persons: , Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji
CNN —On Monday, Melinda French Gates announced her resignation from the Bill and Melinda Gates Foundation, officially ending one of the world’s leading philanthropic partnerships. In French Gates’ 2008 Fortune profile, Buffett said French Gates helped focus the foundation’s mission. In addition to French Gates, Gates and Buffett, The Giving Pledge counts billionaires like Mark Zuckerberg, Elon Musk and MacKenzie Scott as signatories. French Gates has a net worth of $13.3 billion, according to the Bloomberg Billionaires Index, while Bill Gates’ net worth is $153 billion. French Gates’ departure from the Bill and Melinda Gates Foundation has been hinted at since the couple announced their divorce in May 2021.
Persons: Melinda French Gates, Melinda Gates, Gates, Bill Gates, Melinda Gates ’, Warren Buffett, Buffett, ” Buffett, Mark Zuckerberg, Elon Musk, MacKenzie Scott, , French Gates Organizations: CNN, Melinda Gates Foundation, Microsoft, Duke University, Fortune Magazine, Gates Library Foundation, Berkshire Hathaway, Bloomberg, Rutgers ’ Center, American Women Locations: United States, Fortune, , Gates, French, Politics
While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may not be as esoteric as we think. They dismiss rich people's mental health concerns as insignificant and of diminished importance," Paul Hokemeyer, a clinical psychotherapist who treats the ultra rich, told CNBC. Paranoia and distrustWealth can cause people around the super rich to view them as objects, Hokemeyer observed. People who are rich tend to be of higher social status, and those who live in diminished states of power are often drawn to them. Against this backdrop, the super rich tend to become more suspicious of people's motives in associating with them.
Persons: Ferrari, Paul Hokemeyer, Amanda Falkson, Maria Korneeva Organizations: CNBC, Drayson, Psychotherapy Locations: Drayson Mews
The 7.5 foot-by-5.5-foot portrait was commissioned by the Worshipful Company of Drapers, a medieval guild of wool and cloth merchants that is now a philanthropy. It will hang in Drapers’ Hall, the group’s baronial quarters in London’s financial district, which has a gallery of monarchs from King George III to Queen Victoria. Mr. Yeo has also painted the king’s wife, Queen Camilla, and his father, Prince Philip. He has said that the best portraits capture visual characteristics that remain relevant even as the person ages. When it came to the king, Mr. Yeo told The Times that he had noticed physical changes in their four sittings together — during which time the king was going through a metamorphosis of stature.
Persons: King George III, Queen Victoria, Yeo, . Yeo, Queen Camilla, Prince Philip, Tony Blair, Dennis Hopper, Nicole Kidman, Rupert Murdoch Organizations: Worshipful Company, Drapers, Times, British Locations: British
The American press, he writes in clear-eyed terms, “shouldn’t be neutral about upholding democracy” and must not “dispassionately observe our way to authoritarianism.”We spoke with Kristof over email for a Q&A about this and more. This is strange for a pundit to admit, but I think there’s too much punditry in journalism today and not enough reporting. … We journalists shouldn’t dispassionately observe our way to authoritarianism; we shouldn’t be neutral about upholding democracy.” Do you believe your colleagues in the press are as clear-eyed about this as you are? I believe that journalism — along with law and the civil service — restrained the Trump presidency and is a force for civilization and democracy. He believed it and I believe it, and that is why I say that journalism is an act of hope.
Persons: Nicholas Kristof, , Kristof, Gray Lady, Donald Trump, , James Bond, scoff, I’ve, That’s, It’s, I’m, we’re, aren’t, it’s, William Safire, shouldn’t, Joe McCarthy, Edward R, Murrow, McCarthy, Martin Luther King Jr, George Wallace, Jim Crow, Trump, Joe Kahn, — that’s, Will, Let’s, Organizations: New York CNN, New York Times, The New York Times, Times, Trump, Endowment, Arts, CNN, State Security, State, Locations: New York, Congo, Iraq, Syria, Aleppo, America, Washington, China, , Oregon, U.S, Gaza, Russia
Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.
Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, , Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper
Melinda Gates, co-founder of the Bill and Melinda Gates foundation arrives at the Elysee Palace in Paris, France on July 01, 2021. Melinda French Gates, the former wife of Microsoft co-founder Bill Gates, announced on Monday she would resign as co-chair of the Bill & Melinda Gates Foundation next month. Bill Gates in a separate statement said, "I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work." French Gates has also devoted significant amounts of time and money towards gender equality initiatives worldwide. In 2015, she founded Pivotal Ventures, a separate entity from the Gates Foundation, which focused on removing barriers to access and opportunity for minorities and women in the U.S.
Persons: Melinda Gates, Melinda French Gates, Bill Gates, French Gates, Gates, Melinda Organizations: Microsoft, Melinda Gates Foundation, Ventures, Gates Foundation Locations: Paris, France, French, Africa, South Asia, U.S
Melinda French Gates announced she's resigning as co-chair of the Bill & Melinda Gates Foundation. Advertisement"The time is right for me to move forward into the next chapter of my philanthropy," she wrote in a statement on X. She added that she'll have "an additional $12.5 billion to commit to my work on behalf of women and families" thanks to an agreement with her ex-husband, Microsoft founder and billionaire Bill Gates. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Persons: Melinda French Gates, she's, Melinda Gates, Bill Gates Organizations: Melinda Gates Foundation, Microsoft, Business
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