Microsoft founder Bill Gates and his wife Melinda announced their divorce in May after 27 years of marriage. Melinda and Bill Gates issued a joint statement. The statement said, "After much discussion and working on our relationship, we have decided to end our marriage. In the last 27 years, he has raised his three wonderful children by raising them. We have also created a foundation We will still have the same thinking and work together for this mission, which works for the health and good life of people across the world. Although we now feel that we will not be able to live together as husband and wife in the coming time of life. As we are going to start a new life, people are expecting space and privacy for our family.
"Our vision for the Foundation has evolved, but it has always been focused on addressing inequality and increasing opportunities for the world's poorest people," Bill Gates said in a statement. Gates and French Gates announced their divorce in May, with the two divorcing after 27 years of marriage. Established in 2000, the Bill & Melinda Gates Foundation last year pledged $1.75 billion in aid for COVID-19 relief.
Bill Gates and Melinda French Gates will continue to serve as co-heads of their foundation even after their divorce. This world-famous couple has decided to get divorced. However, if after two years Gates and French Gates feels they cannot continue in their roles, French will resign as co-chairman and trustee. The Bill and Melinda Gates Foundation announced on Wednesday. If French resigns, Gates will buy his share in the foundation. It is the largest private charitable organization in the world. The French will get resources from Gates for their charitable work.
Gates and French Gates announced an additional $15 billion for the foundation's endowment, in line with their commitment to continue the Gates Foundation together.
Mark Suzman, CEO of the Gates Foundation, said the foundation would expand its board of trustees. Currently, only Gates and French Gates are on the board of trustees after Berkshire Hathaway CEO Warren Buffett resigned as trustees in June.
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