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Thursday, May 2, 2024

How will Bill and Melinda Gates’ divorce impact their charity?

Bill and Melinda Gates set up their charitable foundation when, as young parents, they read about millions of children in developing countries dying from easily treatable illnesses such as diarrhea.

NEW YORK: The shock announcement that billionaire philanthropists Bill and Melinda Gates are to divorce after 27 years of marriage has raised questions about the future of their hugely influential charity.

Here, AFP takes a look at the Gates Foundation, from how it works and what projects it finances, to its impact on the pandemic and how the non-profit may be impacted by the split.

Its mission, and vast budget

The couple say the idea for the foundation came to them as young parents when they read a newspaper article about millions of children in developing countries dying from easily treatable…

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