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  • Melinda French Gates: How I Overcame Imposter Syndrome | Entrepreneur

    Melinda French Gates: How I Overcame Imposter Syndrome | Entrepreneur

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    Even the most prominent business figures have felt imposter syndrome.

    Philanthropist Melinda French Gates sat down with Jay Shetty on the “On Purpose” podcast this week to talk about her career and personal life, namely moments where she’s had to find grace and embrace a sense of imperfections while on her journey.

    Related: Melinda French Gates Resigns as Co-Chair of the Bill & Melinda Gates Foundation

    French Gates recalled her time running the Bill and Melinda Gates Foundation and admitted that she “felt like an imposter for the first 10 years” and never felt qualified to “speak credibly” about the foundation’s work because she wasn’t professionally trained in global health policy or medicine.

    However, one specific incident brought her to an epiphany that changed the way she approached her work and her role.

    “Someone actually inside the Foundation who was working for me at the time came to me and wanted me to speak out on something and I said ‘No, no, I don’t feel like I know enough,’” French Gates explained. “And this woman said to me ‘Are you kidding? Just look at all the traveling you have done … all the knowledge you’ve amassed?’”

    She said that the employee gave her a multitude of examples of how she was qualified — from the different communities she’s visited to the doctors and scientists she’s worked with, all the while amassing years of direct experience in the field.

    Related: Melinda French Gates Reveals Her Next Move After Leaving Gates Foundation

    “I could speak on behalf of so many of these women that I’d met and who’d invited me into their homes or shown me the tough circumstances of their lives,” French Gates explained. “If they’ve spoken to me, I need to speak their truths into the world … I do know enough. I’ll never know everything, no one will ever know everything on the history of the Earth, but I know enough to know what I know deeply at a core level and to speak those truths.”

    French Gates formally resigned as Co-Chair of the Bill and Melinda Gates Foundation in May, noting that under the terms of her departure, she would still have an additional $12.5 billion to spend on philanthropic work moving forward.

    “This is not a decision I came to lightly,” she wrote in a statement on X at the time. “The time is right for me to move forward into the next chapter of my philanthropy.”

    Days later, she announced that she would be donating $1 billion over the next two years to organizations advocating for women.

    Melinda French Gates’ net worth as of Thursday afternoon was an estimated $13.4 billion.

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    Emily Rella

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  • Melinda French to resign from foundation started with ex-husband Bill Gates with $12.5 billion exit deal

    Melinda French to resign from foundation started with ex-husband Bill Gates with $12.5 billion exit deal

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    Melinda French Gates is resigning from the foundation she and her ex-husband Bill Gates started over twenty years ago.

    In their time together, the former couple – who announced their divorce in May of 2021 – became distinguished philanthropists through their work with the Bill & Melinda Gates Foundation, work they continued to do in spite of their divorce three years ago after 27 years of marriage.

    Despite her departure, the Microsoft founder’s ex-wife has maintained her commitment to her influential charitable work, particularly concerning issues related to women, details of which she shared in her announcement.

    Melinda took to X, formerly known as Twitter, on Monday and wrote: “After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” revealing that her last day of work with the organization would be June 7th.

    “This is not a decision I came to lightly,” she maintained, adding: “I am immensely proud of the foundation that Bill and I built together and of the extraordinary work it is doing to address inequities around the world.”

    “I care deeply about the foundation team, our partners around the world, and everyone who is touched by its work.”

    Speaking on the team she is leaving behind, she added: “I am taking this step with full confidence that the foundation is in strong shape, with its extremely capable CEO Mark Suzman, the Executive Leadership Team, and an experienced board of trustees in place to ensure all its important work continues.”

    MORE: Melinda French Gates addresses engagement after stepping out with huge diamond ring following Bill Gates split

    MORE: Bill and Melinda Gates’ youngest daughter Phoebe dazzles in rhinestone dress for star-studded night out

    Melinda emphasized: “The time is right for me to move forward into the next chapter of my philanthropy.”

    © Getty
    Bill and Melinda, pictured above in 1998, were married from 1994 to 2021

    Addressing what that next chapter will look like, she further shared: “This is a critical moment for women and girls in the U.S. and around the world – and those fighting to protect and advance equality are in urgent need of support.”

    MORE: Bill Gates and ex-wife Melinda French reunite as daughter Jennifer celebrates graduation following birth of baby girl – see photos

    She then revealed: “Under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families,” before concluding with: “I’ll be sharing more about what that will look like in the near future.”

    Amal Clooney, Michelle Obama, and Melinda Gates visited Malawi © Instagram/Clooney Foundation For Justice
    Melinda has previously partnered with fellow philanthropists Michelle Obama and Amal Clooney for various charitable activations

    Bill, who founded Microsoft in 1975, has a net worth of $130.3 billion, per Forbes, while Melinda has a net worth of $11.2 billion, much of which she has committed to donating.

    Melinda’s journey with philanthropy since her divorce from Bill is not unlike that of MacKenzie Scott’s, who divorced from Amazon founder Jeff Bezos in 2019. She has previously pledged to give away more than half of her fortune – she has a net worth of $35 billion – and per her website Yield Giving, which tracks her philanthropy, she has since 2019 donated over $17.3 billion to more than 2,300 nonprofits.

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    Beatriz Colon

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  • These are the top 10 holdings of Bill Gates’ $42 billion stock portfolio

    These are the top 10 holdings of Bill Gates’ $42 billion stock portfolio

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    Bill Gates at the World Economic Forum in Davos.Fabrice Coffrini/Getty Images

    • The Bill and Melinda Gates Foundation Trust has $42 billion in assets under management.

    • The portfolio is unique in that it owns concentrated positions in less heard of companies.

    • These are the top 10 stocks held by the Bill and Melinda Gates Foundation Trust as of December 31.


    Microsoft co-founder Bill Gates has a $42 billion stock portfolio in what is the Bill and Melinda Gates Foundation Trust.

    The trust’s most recent 13F filing made with the SEC revealed its top investments, which are somewhat unique in that they’re not your typical mega-cap tech companies.

    Instead, the trust owns concentrated stock positions in less heard of companies, like Coca-Cola FEMSA, which is a Mexican bottler of popular soft drinks.

    There is also an environmental theme that can be found within the portfolio, with top holdings including Ecolab, Waste Management, and John Deere.

    These are the top 10 stocks held at the Bill and Melinda Gates Foundation at the end of the fourth quarter.

    10. FedEx

    FedEx planeFedEx plane

    The FedEx flight used by Teri Eidson and Nicole McCallister on their record breaking journey.FedEx

    Ticker: FDX
    Market Value: $388.1 million
    Change in Shares: No change

    9. Walmart

    A customer loading shopping into the back of a car in the parking lot of a Walmart storeA customer loading shopping into the back of a car in the parking lot of a Walmart store

    A customer in the parking lot of a Walmart storeAP Photo/Julio Cortez

    Ticker: WMT
    Market Value: $477.7  million
    Change in Shares: No change

    8. Coca-Cola FEMSA

    Bottles of Coca-ColaBottles of Coca-Cola

    Justin Sullivan/Getty Images

    Ticker: FMX
    Market Value: $588.2 million
    Change in Shares: No change

    7. Ecolab

    Blue EcoLab logoBlue EcoLab logo

    EcoLab

    Ticker: UNH
    Market Value: $1.03 billion
    Change in Shares: No change

    6. Deere

    line of green john deere tractors in a dirt lot with snow capped mountains in the backgroundline of green john deere tractors in a dirt lot with snow capped mountains in the background

    John Deere tractors for sale at a dealer in Longmont, ColoradoRick Wilking/Reuters

    Ticker: DE
    Market Value: $1.42 billion 
    Change in Shares: -360,315 (-9%)

    5. Caterpillar

    n this April 20, 2007 file photo, a Caterpillar grader is trucked out of the plant in Decatur, Ill. Caterpillar Inc. said Friday, April 5, 2013, it plans to lay off more than 460 employees this June at its Decatur plant as part of an ongoing series of production cuts. (AP Photo/Seth Perlman,. File)n this April 20, 2007 file photo, a Caterpillar grader is trucked out of the plant in Decatur, Ill. Caterpillar Inc. said Friday, April 5, 2013, it plans to lay off more than 460 employees this June at its Decatur plant as part of an ongoing series of production cuts. (AP Photo/Seth Perlman,. File)

    CaterpillarSeth Perlman/ AP Photo

    Ticker: CAT
    Market Value: $2.17 billion
    Change in Shares: No change

    4. Waste Management

    Waste ManagementWaste Management

    Apprentice garbage man Corey Lever collects trash outside a school in Oakland, Calif.AP/Eric Risberg

    Ticker: WM
    Market Value: $6.31 billion
    Change in Shares: No change

    3. Canadian National Railway

    A Canadian National Railway train travels eastward on a track in Montreal, February 22, 2015.  REUTERS/Christinne Muschi/File Photo        A Canadian National Railway train travels eastward on a track in Montreal, February 22, 2015.  REUTERS/Christinne Muschi/File Photo

    A Canadian National Railway train travels eastward on a track in MontrealThomson Reuters

    Ticker: CNI
    Market Value: $6.89 billion
    Change in Shares: No change

    2. Berkshire Hathaway

    bill gates warren buffettbill gates warren buffett

    Spencer Platt/Getty Images

    Ticker: BRK-B
    Market Value: $7.10 billion
    Change in Shares: -2,613,252 (-12%)

    1. Microsoft

    Satya Nadella, CEO of Microsoft.Satya Nadella, CEO of Microsoft.

    Satya Nadella, CEO of Microsoft.

    Satya Nadella, CEO of Microsoft.Sean Gallup/Getty Images

    Ticker: MSFT
    Market Value: $14.37 billion
    Change in Shares: -1,075,301 (-3%)

    Read the original article on Business Insider

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  • Bill Gates’ daughter Jennifer expecting first child with husband Nayel Nassar

    Bill Gates’ daughter Jennifer expecting first child with husband Nayel Nassar

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    Microsoft co-founder Bill Gates’ daughter Jennifer Gates, on Friday, announced that she is expecting her first baby with husband Nayel Nassar. Jennifer announced the news on Instagram.

    She shared two photos on the social media platform which show her with a baby bump and said, “thankful” along with a few emojis. Jennifer, in the photos, was seen posing next to her equestrian husband.

    Melinda, Bill’s ex-wife and Jennifer’s mother, also commented on the post and said, “I couldn’t be more excited to meet this little one and watch you two become parents.”

    Meanwhile, Bill Gates shared the post on Instagram Stories and wrote “Proud” with a heart emoji.

    Jennifer Gates married Nassar in October 2021.

    Jennifer and Nassar are both Stanford graduates and began dating in 2017. They got married four years later, at the Gates family farm in Westchester, New York. This will be the first grandchild of Bill and Melinda, who got divorced in 2021 after 27 years of marriage.

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