Melinda French Gates Will Pivot $11.4 Billion Fortune Away from Foundation – Bloomberg February 2, 2022

I saw this today on Bloomberg – Melinda French Gates Will Pivot $11.4 Billion Fortune Away from Foundation: https://www.bloomberg.com/news/articles/2022-02-02/french-gates-to-pivot-11-4-billion-fortune-away-from-foundation. Longer article.

By Brian Chappatta and Sophie Alexander February 2, 2022

Melinda French Gates will increasingly give away her fortune through philanthropies other than the $50 billion Gates Foundation.

French Gates, 57, intends to spread her wealth across philanthropic endeavors, rather than pledging to give the bulk of it to the Gates Foundation, Dow Jones reported, citing people familiar with the matter. 

She and Bill Gates, 66, described their individual plans for donating their fortunes in letters posted online in November, almost seven months after announcing their divorce. French Gates has been building up her own philanthropic investment firm Pivotal Ventures, which was started in 2015 with a focus on implementing “innovative solutions to problems affecting U.S. women and families.” 

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About Wichita Genealogist

Originally from Gulfport, Mississippi. Live in Wichita, Kansas now. I suffer Bipolar I, ultra-ultra rapid cycling, mixed episodes. Blog on a variety of topics - genealogy, DNA, mental health, among others. Let's collaborateDealspotr.com
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