Bill and Melinda Gates’s divorce could rock the world of charity
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Bill and Melinda Gates, the leaders of the world’s most venerated and powerful philanthropy, said on Monday that they were getting a divorce — an earthquake moment in the nonprofit sector.
The billionaire couple sets the strategic vision for the $50 billion Bill and Melinda Gates Foundation, which they co-founded and which spends more than $5 billion a year on causes like US education and worldwide disease eradication. Their divorce potentially has enormous implications for their work.
The Gateses are America’s most famous billionaire philanthropists, with the power and profile to corral foreign governments, lobby for policy change, and inspire other billionaires to donate their money to charity. During the coronavirus pandemic, Bill Gates in particular has been one of the nation’s leading public health experts, appearing seemingly everywhere in the media and encouraging people to take the virus seriously.
The couple made the surprise announcement in concurrent posts on their personal Twitter pages. Upon posting the announcement, Melinda Gates added her maiden name, French, to her Twitter profile, suggesting that she may use the full name “Melinda French Gates” going forward.