In a siginificant development, the Gates Foundation has announced that billionaire Microsoft founder Bill Gates and Melinda, who are currently in the midst of a high-profile divorce, will remain the co-chairs for a two-year trial period and Melinda could resign after that time if the arrangement reached between Bill Gates and Melinda fails to work. After Melinda's resignation, Bill Gates would take full charge of the Gates Foundation, which was often referred by the power couple as their "fourth child." Gates Foundation was founded in 2000 and it is now one of the most powerful and influential forces in global public health. Gates Foundation committed over USD 1.7 billion in 2020 to combat the health crisis. The latest announcement by Gates Foundation comes days after billionaire investor Warren Buffett announced in June that he was resigning as a trustee of the Gates Foundation.

Source: dna July 08, 2021 04:18 UTC