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Melinda Gates: The Gates Foundation will continue to operate for 20 years after my ex-husband and I die

  • linda
  • 2022-10-12 16:13:35
  • 255 read
  Melinda French Gates said that the multi-billion dollar foundation she and Bill Gates jointly run will continu...

  Melinda French Gates said that the multi-billion dollar foundation she and Bill Gates jointly run will continue after their deaths. 20 years in operation. The statement differs from comments made by her ex- husband Bill Gates last month.

  At the end of September, Bill Gates said that the Bill and Melinda Gates Foundation would only last another 25 years. Melinda Gates countered Bill Gates' remarks at Fortune's Most Powerful Women Summit in California.

  "I think he was thinking about something and saying it before we made a decision," she said.

  Last year, Bill and Melinda Gates ended their 27-year marriage and officially divorced. The two said they would continue to work together for the foundation.

  Melinda Gates said she has co-signed documents with her ex-husband to dissolve the foundation 20 years after their deaths. The foundation currently has an endowment of $70 billion, according to the latest estimates.

  "Our intention is that, for whatever reason, the resources accumulated from Microsoft will end up in the hands of both of us, and those resources will come back to society," she said.


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