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The charitable foundation chaired by Bill Gates and Melinda Frank Gates Divorce application, And said a few weeks later that there are no plans to make such changes.
This Bill and Melinda Gates FoundationSince its establishment in 2000, it has allocated 55 billion U.S. dollars. Unlike many large charities, it has no independent directors.
Instead, it has Managed by three trustees: Gates, French Gates, and Warren Buffett, the chairman of Berkshire Hathaway, who promised in 2006 to leave most of his estimated $110 billion wealth to the foundation.
“In view of the divorce of the co-chairs, I am actively discussing with Bill and Melinda what they and Warren might take to strengthen the long-term sustainability and stability of the foundation,” said Mark Suzman, CEO of the foundation. After Wall Street, the journal first Reported French Gates promoted governance changes.
When the couple announced in early May that they would end the marriage described as “irretrievably broken” in the divorce application, the foundation emphasized that “there is no plan to change their role or organization.”
Suzman’s statement did not explain the changes in the foundation’s governance thinking or the details of future governance.
“No decision has been made yet,” he said. “Bill and Melinda reaffirmed their commitment to the foundation and continue to work together on behalf of our mission. These discussions are part of their careful planning for the future.”
The pending divorce has brought a question mark to the world’s largest private charitable foundation, which has 1,600 employees and spends more than US$5 billion annually, mainly for global health and development projects.
As the co-founder of the software group Microsoft, Gates estimated that most of the $124 billion in wealth he received has not yet been invested in the foundation, and the divorce has triggered speculation that the remaining tens of billions of dollars can be allocated to venture capital and philanthropy. And French Gates Separate operation.
in a Interview Shortly before the divorce application was made public, Gates of France stated in an interview with the Financial Times that the couple separated personal disputes from the foundation’s decision-making.
“Do we disagree? Of course, sometimes we do. But we… The Foundation promised many years ago that we will resolve these differences outside the Foundation, resolve these differences, and come as a leader with a voice Foundation,” she said.
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