Billionaire philanthropy: Will Melinda Gates follow MacKenzie Scott’s model?

Melinda French Gates, at the age of 59, has dedicated over 20 years to establishing and growing the Gates Foundation, which is set to undergo a name change following her departure in June. The foundation has become one of the most prominent and impactful philanthropic organizations worldwide. “In 2024 alone, the foundation’s budget is $8.6 billion, dispersing money to its 42 program strategies, including global health and gender issues, which is French Gates’ flagship cause.”