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Fortune
Fortune
Marco Quiroz-Gutierrez

Bill Gates donated record $8 billion to Melinda French Gates' foundation as part of their divorce settlement

(Credit: Christian Liewig—Corbis/Getty Images)

Melinda French Gates has transformed her relatively young Pivotal Philanthropies Foundation into one of America’s largest private foundations almost overnight, in part due to her split with ex-husband Bill Gates.

As part of the pair’s high-profile divorce announced in 2021, Gates agreed to make a $7.88 billion donation—one of the largest ever—to French Gates’ private foundation, according to a tax filing, as previously reported by the New York Times’ DealBook.

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