Bill Gates and Melinda French Gates will work with The Giving Pledge, a campaign co-founded with Warren Buffett in 2010, to encourage billionaires to donate most of their wealth through philanthropy. I am saying.
However, after divorcing earlier this year, the two will divorce separately in their own way.
In an individual letter posted by The Giving Pledge on Tuesday, Gates and French Gates outlined their different philosophies for giving.
“We recognize the absurdity that so much wealth is concentrated in the hands of one person. The only responsibility associated with property of this size is to make it as thoughtful and influential as possible. I think it’s time to let go, “French Gates wrote.
“It’s important to admit that giving money that your family never needs is not a particularly noble act,” she added.
With an estimated net worth of $ 6.2 billion, according to Forbes, French Gates said through Bill & “to fight poverty and promote equality for women and girls and other marginalized groups in the United States and around the world. The plan is to focus on that. Melinda Gates Foundation and her own pivot venture.
She also mentioned the importance of trusting non-profit partners.
“Philanthropists generally serve the world when we stand behind the movement, rather than trying to lead our movement,” she wrote.
According to Forbes, Microsoft co-founder Gates said it was worth more than $ 138 billion and said he plans to keep the Gates Foundation as a major exit for his donations.
“We shouldn’t prevent life-saving medicines and quality education from just where our children live. This foundation was established to address serious and unfair inequality around the world. “It was,” Gates wrote. “While the Foundation’s mission has grown over time, it continues to focus on expanding opportunities for the world’s poorest and improving education in the United States.”
The Giving Pledge includes 226 billion billionaires from 27 countries who have promised to donate more than half of their wealth to philanthropy.
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Gates, French Gates Offer Post-Divorce Charity Plans | WGN Radio 720
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