Thursday, 8 July 2021



Gates Foundation Agrees Back-up Plan In Case Bill And Melinda Gates Cannot Work Together Again Due To Their Divorce

TonyGists App 3 Out Now. Download from Play store
https://play.google.com/store/apps/details?id=com.TonyGists.TonyGistsap
The new arrangement gives Bill and Melinda Gates a two-year trial, after which Ms Gates could resign from the organisation.

 

Bill and Melinda Gates

Bill and Melinda Gates

Following the divorce announcement made by Microsoft founder, Bill Gates and his wife, Melinda, the Gates Foundation has revealed it has backup plans in case its co-chairs decide not to work together anymore.

The new arrangement gives Bill and Melinda Gates a two-year trial, after which Ms Gates could resign from the organisation.

Bill and Melinda run the charitable foundation, which has worked on billion dollar initiatives such as fighting infectious diseases and this new agreement comes after question marks were raised over the future of the organisation when the couple announced they were divorcing after 27 years of marriage in May..

In a note to Gates Foundation staff on Tuesday, it was announced that the couple would be donating another $15bn (£10.9bn) of their personal wealth to the foundation.

Under the new agreement announced Wednesday, Ms Gates would also receive "personal resources" from her ex-husband for her own charity work.

Ms Gates said she was "deeply proud" of what the organisation has achieved.

In a statement, she added: "I believe deeply in the foundation's mission and remain fully committed as co-chair to its work."

Ms Gates will remain as a trustee during the "trial period", although it was announced in the Wednesday blog post that the foundation will recruit new trustees to oversee its work.

The announcement comes after billionaire investor Warren Buffett's said last week he will be resigning from the foundation's board.

He previously said his "physical participation is in no way needed" for the foundation to achieve its goals






Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads