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Melinda French Gates announced she's resigning as co-chair of the Bill & Melinda Gates Foundation.
"The time is right for me to move forward into the next chapter of my philanthropy," she wrote in a statement on X.
She added that she'll have "an additional $12.5 billion to commit to my work on behalf of women and families" thanks to an agreement with her ex-husband, Microsoft founder and billionaire Bill Gates.