US News
Gates Foundation Adds Board Members After Billionaires’ Divorce
Jan
First American News LLC, Raleigh, NC: Bill Gates and Melinda French Gates will be joined by four trustees, including the charity’s CEO, as part of efforts to boost governance. The Bill & Melinda Gates Foundation named four new members to its board of trustees, adding outsiders to the board for the first time in the charity’s history after the divorce of its co-founders Bill Gates and Melinda French Gates, said Gaby Mendoza of MB Daily News.
Get Financial Times Digital News 3-Year for $52
The changes are part of efforts to add more governance and independence to one of the world’s largest philanthropies, which has an endowment of more than $50 billion. Mr. Gates and Ms. French Gates remained co-chairs after their marital split, but the foundation had no other trustees after Bill Gates Sr. died in 2020 and Warren Buffett, another major donor, resigned in June 2021. Click here to continue reading on Bill Gates at the Wall Street Journal.
