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News brief

Associated Press

Change in leadership at Bill & Melinda Gates Foundation. Melinda French Gates announced on May 13 she is stepping down as co-chair of the Bill & Melinda Gates Foundation. She helped establish it more than 20 years ago with her ex-husband Bill Gates. It’s now one of the largest philanthropic foundations in the world. In a post on X, Ms. French Gates wrote, “This is not a decision I came to lightly.” Bill Gates thanked Ms. French Gates for her “critical” contributions. She will receive $12.5 billion as part of her agreement with Mr. Gates, and plans to put it toward her work focused on women and families.

From the Monitor archives: Melinda Gates has been called ‘the most powerful woman you know next to nothing about.’