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The Guardian - US
The Guardian - US
World
Maya Yang

Melinda French Gates to no longer give bulk of wealth via Gates Foundation

French Gates Gates Foundation Melinda French Gates Bill Gates
The billionaire French Gates wrote in her open letter: ‘The ultimate goal of any philanthropist should be to render the need for philanthropy obsolete.’
The billionaire French Gates wrote in her open letter: ‘The ultimate goal of any philanthropist should be to render the need for philanthropy obsolete.’ Photograph: Isa Harsin/Sipa/Rex/Shutterstock

Melinda French Gates, co-founder of the Bill and Melinda Gates Foundation, will no longer be channeling the majority of her wealth through the philanthropic organization.

According to the Wall Street Journal, French Gates still plans to distribute much of her fortune across philanthropic endeavors, but largely outside of the Gates Foundation, which is one of the world’s largest.

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