New York CNN —Melinda French Gates said Monday she would resign as co-chair of the Bill & Melinda Gates Foundation that she has helped lead since 2000.
As part of her separation agreement from former husband Bill Gates, French Gates said she will receive an additional $12.5 billion for her charitable work.
Bill Gates and French Gates announced their divorce in May 2021.
Gates will remain in control and, essentially, buy French Gates out of the foundation, Suzman said at the time.
The Bill & Melinda Gates Foundation did not immediately respond to CNN’s request for comment.
Persons:
Melinda French Gates, Melinda Gates, Bill Gates, French Gates, Gates, “, Mark Suzman, Melinda, ”, Suzman, ” Suzman
Organizations:
New, New York CNN, Melinda Gates Foundation, Gates Foundation, Ventures
Locations:
New York, Gates, United States