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.
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When Bill Gates and Melinda French Gates announced their surprise split after 27 years of marriage, they said there would be no changes to their US$50 billion foundation.
Now, about three weeks later, after revelations that Melinda considered divorce years earlier partly because of Bill’s ties to Jeffrey Epstein, and amid reports of his dubious behaviour at Microsoft Corp., there are signs change is coming to one of the world’s most powerful philanthropic organizations.
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Read more about Company that manages Bill Gates s fortune accused of culture of fear on Business Standard. Gates s reluctance to take decisive action at Cascade goes against the image he created of a philanthropist and champion of women s empowerment.