Melinda French Gates resigns as Gates Foundation co-chair, 3 years after her divorce from Bill Gates
New York, May 13: Melinda French Gates will step down as co-chair of the Bill & Melinda Gates Foundation, the nonprofit she and her ex-husband Bill Gates founded and built into one of the world's largest philanthropic organisations over the past 20 years.
“This is not a decision I came to lightly,” French Gates posted on the X platform on Monday. “I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world.”
She praised the foundation's CEO, Mark Suzman, and the foundation's board of trustees, which was significantly expanded after the couple announced their divorce in May 2021.
“The time is right for me to move forward into the next chapter of my philanthropy,” French Gates wrote in her statement. She organises some of her investments and philanthropic gifts through her organisation, Pivotal Ventures, which is not a nonprofit.
Bill Gates thanked French Gates for her “critical” contributions to the foundations in a statement, saying, “I am sorry to see her leave, but I am sure she will have a huge impact in her future philanthropic work.”
French Gates will receive $12.5 billion as part of her agreement with Gates, which she said would commit to future work focused on women and families.
The Gates Foundation did not immediately return a request for comment about whether those assets would come from the foundation itself. In an emailed statement, the foundation said that Suzman announced the decision to employees on Monday.
“After a difficult few years watching women's rights rolled back in the US and around the world, she wants to use this next chapter to focus specifically on altering that trajectory,” Suzman said of French Gates.
Suzman said he knew many had joined the foundation in part because of their admiration for her advocacy, especially around gender equity.
“I know how beloved Melinda is here,” Suzman wrote.
The Gates Foundation holds $75.2 billion in its endowment as of December 2023, and announced in January, it planned to spend $8.6 billion through the course of its work in 2024.
The Associated Press receives financial support for news coverage in Africa from the Bill & Melinda Gates Foundation and for news coverage of women in the workforce from Pivotal Ventures.
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Four of family found dead in Maharashtra’s Nanded district in suspected mass suicide
Nanded (PTI): A farmer, his wife and their two sons were found dead in two different locations in Maharashtra’s Nanded district on Thursday morning, in what police suspect to be a mass suicide, an official said.
Around 8 am, the bodies of Ramesh Sonaji Lakhe (51) and his wife Radhabai Lakhe (45) were discovered on a cot in their home at Jawala Murar village in Mudkhed tehsil, he said.
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The bodies of their sons, Umesh (25) and Bajrang (23), were subsequently found on nearby railway lines. It appears they jumped in front of a speeding train, the official said.
Police inspector Dattatray Manthale told reporters, “The parents were found dead inside their home, while the sons took their lives on the railway tracks. We have asked a Forensic Science Laboratory team to collect evidence. The truth will come out only after a thorough technical investigation and autopsy.”
While the nature of their death appears to be part of a suicide pact, police said the exact circumstances remain unclear.
The family belonged to the small-scale farming community, but it is not yet confirmed if financial distress or a domestic crisis triggered the extreme step, the official said.
Neighbours described the Lakhes as a hardworking family who struggled against the odds of small-land farming to sustain themselves.
The Nanded rural police are recording statements of relatives and checking for notes or final messages left by the family.
