Melinda French Gates says she is stepping down from The Bill & Melinda Gates Foundation that she founded with her then-husband Bill Gates in 2000. As part of her agreement to resign, she says she’s getting $12.5 billion to commit to her future philanthropies. NBC’s Joe Fryer reports for TODAY.
Bill Gates is looking back on his divorce from ex-wife Melinda French Gates, calling the decision “the mistake I most regret.” In an interview with The Sunday Times published Jan. 25, the 69-year-old billionaire reflected on the aftermath of ending a 27-year marriage to French Gates, with whom he shares three children. When asked if his divorce is his only “failure” in his life so far, Gates said it belongs “at the top of the list.” “There are others but none that matter.
“When Melinda and I met, I was fairly successful but not ridiculously successful — that came during the time that we were together. So, she saw me through a lot. When we got divorced it was tough and then she made the decision to leave the foundation — I was disappointed that she took the option to go off.” Since the divorce, the Bill and Melinda Gates Foundation has become solely Gates’.
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