Melinda Gates quits Gates Foundation, gets $12.5B for her own charity
Melinda French Gates, ex-wife of Microsoft co-founder Bill Gates, is leaving the charity they founded to start her own philanthropic endeavor funded by the $12.5 billion she received as part of her exit. Withdraw. “After careful consideration and consideration, I have decided to step down as co-chair of the Bill & Melinda Gates Foundation,” French […]
BlackRock makes huge bet with $12.5B deal for Global Infrastructure Partners
BlackRock on Friday announced a $12.5 billion acquisition of Global Infrastructure Partners in a major bet on alternative assets and announced a management shakeup. The deal includes $3 billion in cash and 12 million BlackRock shares, and will put the asset management giant at the center of investments in port, power and digital infrastructure projects […]