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Melinda French Gates and MacKenzie Scott, the ex-wives of the world's two richest men - Microsoft co-founder Bill Gates and Amazon founder Jeff Bezos - have teamed up to give $ 40 million to help strengthen the power and influence of American women over the next decade.
Melinda Gates and Scott, who were previously married to Bill Gates and Jeff Bezos, became powerful philanthropists in their own right. Both women, who are among the richest men in the world, have signed the Covenant of Giving, promising to give up most of their wealth for most of their lives.
The surprising women's donation will be awarded to four winners of the Equality Can't Wait Challenge, a competition hosted by investment firm Melinda Gates Pivotal Ventures, with financial support from Scott and her husband, Dan Jewett, as well as the Philanthropies of the Charles and Lynn families. Schusterman.
The challenge is called "the first competition focused on gender and equality in the United States with an award of this magnitude and ... an opportunity to invest and empower women leaders."
The four contest winners, selected from 550 entrants, suggested different creative ways to empower and improve women’s lives in the United States. These include the establishment of public infrastructure for child care and other forms of care; creating training for women interested in a career in software development; accelerating the trajectory of young women through college and their early careers; and growing “influential companies owned by Native womxn”.
Each of the winners will receive $10 million for their projects.
"The awardees are strong teams working on the front lines and from
within communities to help women build power in their lives and
careers," Scott said in a statement.
Meinda French Gates added: "We can break the patterns of history and
advance gender equality, but we must commit to lifting up organizations,
like the ones receiving awards today, that are ready to lift up women
and girls."
Melinda Gates remains co-chair of The Gates Foundation, In May, she
filled for divorce from Bill Gates, whose current net worth stands at
about $151 billion, according to the Bloomberg Billionaires Index.
Scott, whose net worth is estimated to be around $64 billion after
receiving a quarter of Bezos' Amazon shares in the couple's divorce
settlement last year said last month that she has already donated nearly
$1.7 billion of her fortune to 116 organizations focused on one of nine
"areas of need," including racial equity, LGBTQ+ equity, functional
democracy and climate change.“feel free to disagree in the comments and let me know what you think!”
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