Melinda Gates to leave Gates Foundation, keeps $12.5bn for her work
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Melinda Gates, philanthropist and ex-wife of Bill Gates, is stepping down from the Bill & Melinda Gates Foundation. The announcement comes three years after their divorce. Under the agreement, Melinda Gates will receive $12.5 billion for her philanthropic efforts on behalf of women and families. Her resignation will take effect on June 7. The foundation, which focuses on child poverty and preventable diseases, has spent $53.8 billion since 2000. Bill Gates thanked Melinda for her contributions and the organization's chief executive, Mark Suzman, said its name will change to simply the Gates Foundation.
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https://www.legit.ng/business-economy/economy/1592216-melinda-gates-leave-gates-foundation-125bn-work/