Microsoft's billionaire co-founder Bill Gates announced Friday he is stepping down from the company's board of directors to focus more on his philanthropic initiatives. Gates scaled back from his day-to-day role at the company in 2008 and stepped down as chairman of Microsoft's board in 2014. In recent years, Gates has taken an active role in the nonprofit Bill & Melinda Gates Foundation, the charity he founded with his wife. CLICK HERE FOR THE FOX NEWS APPThe Microsoft board will consist of 12 members. In February, the Bill & Melinda Gates Foundation announced it was donating $100 million to combat the coronavirus.

Source: Fox News March 14, 2020 02:15 UTC