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Bill Gates Transfers $8 Billion to Ex-Wife's Foundation
10 Jan
Summary
- Bill Gates gave nearly $8 billion to ex-wife Melinda French Gates in 2024.
- The donation was made to Melinda's Pivotal Philanthropies Foundation.
- This transfer is part of a $12.5 billion agreement for her charitable work.
Bill Gates transferred approximately $8 billion to his ex-wife, Melinda French Gates, in 2024 as part of their divorce settlement. This massive donation was made to Pivotal Philanthropies Foundation, a charity founded by Melinda in 2022.
The transfer fulfills a significant portion of a $12.5 billion commitment agreed upon when Melinda departed the Gates Foundation. This agreement allows her to focus independently on charitable work aimed at supporting women and families globally.
Melinda French Gates announced her resignation from the Gates Foundation in May 2024, stating her desire to dedicate more resources to advancing equality. She expressed pride in the foundation's work while emphasizing her commitment to her own philanthropic vision.
