Bill Gates sends $8B to ex-wife Melinda’s charity – Business News
Bill Gates quietly despatched practically $8 billion to the non-public basis of his ex-wife, Melinda French Gates, in what quantities to one of the biggest divorce-related payouts ever disclosed.
The $7.88 billion donation was made in 2024 to the Pivotal Philanthropies Foundation, a comparatively new nonprofit launched by French Gates, in accordance to a newly launched tax submitting reviewed by The New York Times’ DealBook.
Bill Gates paid practically $8 billion to his ex-wife, Melinda. Nathan Posner/Shutterstock
The submitting marks the primary time concrete financial phrases of the Gateses’ 2021 divorce have been made public following their determination to formally separate their philanthropic work in 2024.
Melinda Gates introduced she and her husband had been splitting up in 2021. Getty Images for The Clooney Foundation For Justice
Melinda and Bill Gates with their youngsters in an undated photograph. Instagram
French Gates had mentioned when she stepped down as co-chair of the Bill and Melinda Gates Foundation that she would have an extra $12.5 billion to commit to causes centered on girls and households, as per the phrases of the divorce settlement.
