gates
New York (AFP) - Bill Gates's nonprofit group Breakthrough Energy announced Monday that it has raised more than $1 billion from seven major companies, including ArcelorMittal and General Motors, to fund clean energy development. Early participants in the initiative, dubbed "Catalyst," also include American Airlines, Bank of America, BlackRock, Boston Consulting Group and Microsoft. The amount raised so far tops $1 billion and has been given in the form of grants, shares and commitments to acquire the technologies developed, a spokesman for the organization told AFP. Launched in June, Cataly...
AFP
San Francisco (AFP) - Bill Gates said it was a "huge mistake" to socialize with disgraced financier Jeffrey Epstein, who killed himself while awaiting trial on charges of sex trafficking minors. The co-founder and former chief of Microsoft addressed the relationship in a late Wednesday CNN interview that came just two days after his divorce from his ex-wife, Melinda, was finalized. Melinda Gates had reportedly been concerned about her husband spending time with Epstein a decade ago. "It was a huge mistake to spend time with him, to give him the credibility of being there," Gates said during an...
AFP
Washington (AFP) - Bill Gates's tenure at Microsoft has come under fresh scrutiny amid revelations that the tech giant probed the billionaire founder's intimate relationship with a staffer before he left the board of directors. The latest news, days after Gates and his wife Melinda announced their divorce, could have major repercussions for the tech founder who has cultivated an image as one of the world's most dedicated philanthropists. Recent reports suggested a streak of questionable behavior by the 65-year-old Gates, one of the most prominent members of the US business elite who has been t...
AFP
Washington (AFP) - Bill Gates left the Microsoft board in 2020 as the board pursued an investigation into the billionaire's romantic relationship with a female employee, the Wall Street Journal reported Sunday. The founder and former head of the US technology giant stepped down as board chair in March 2020. "Microsoft Corp. board members decided that Bill Gates needed to step down from its board in 2020 as they pursued an investigation into the billionaire's prior romantic relationship with a female Microsoft employee that was deemed inappropriate," the Journal reported, citing people close to...
AFP
Washington (AFP) - Billionaire philanthropists Bill and Melinda Gates have announced they are divorcing after 27 years of marriage, raising questions over how they will split their fortune and the direction of one of the world's most powerful charity organizations. The couple, with a joint fortune estimated at $130 billion, have channeled billions into charitable work around the globe via their hugely influential Bill & Melinda Gates Foundation. They said they would continue their joint work on the foundation, which funds programs in global health, gender equality, education and other causes. ...
AFP
Washington (AFP) - From muddy streets in South Africa's townships to cocktail parties at Davos -- Bill and Melinda Gates came as a pair. Together, they built a charitable empire through Bill's technology company Microsoft and the massive non-profit they co-founded and co-chair, the Bill & Melinda Gates Foundation. And when it came time to announce Monday the end of their 27-year marriage, they did that as a pair too in a joint statement posted to their respective Twitter accounts at exactly the same moment. Gates, 65, summed it up like this in a 2019 Netflix documentary series: "In the case o...
AFP
Washington (AFP) - Microsoft founder Bill Gates and his wife and fellow philanthropist Melinda announced on Monday they are divorcing after a 27-year marriage. The announcement from one of the world's wealthiest couples, with an estimated net worth of some $130 billion, was made in a joint statement on Twitter. "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," they said. The statement said they would continue their joint work on the Bill & Melinda Gates Foundation, the massive charity which funds programs in global health, gen...
AFP
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