The contingency plan for one of the world’s largest philanthropic foundations was announced website by Chief Executive Officer Mark Suzman, a move that would ensure a successful transition for the foundation that has spent over $50 billion in the past two decades toward combating poverty and disease.
July 7 (Reuters) – The Gates Foundation said Melinda French Gates and Bill Gates, in the midst of a high-profile divorce, will continue to work as co-chairs for a two-year trial period and after that time if the arrangement unravels, she would step down.
The blog, “From the Desk of Donald J. Trump,” was “just auxiliary” to the ex-president’s communications efforts, senior aide Jason Miller told CNBC. In his posts, Trump adopted a tone similar to the one he used on his now-defunct Twitter account — cheering on his supporters and criticizing his rivals and detractors.
In the wake of the deadly US Capitol Hill riot on Jan. 6, Trump was effectively exiled from social media due to concerns that his online remarks could incite further violence. Last month, a Facebook oversight panel upheld the suspension of Trump’s accounts, but told the social network to either put a limit on the suspension or make it permanent.
While cities elsewhere, including in the United States, have also faced higher costs, there has been an outsized impact on Canadian municipalities due to a small pool of insurers, smaller populations and the legal requirement for municipalities to have joint and several liability (J&S) coverage, according to DBRS Morningstar.
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If Melinda resigns after two years, she would receive personal resources from Bill for her philanthropic work, which would be completely separate from the foundation’s endowment, the foundation said in a blog post on Wednesday.
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The foundation said the controlling billionaire benefactors, Bill and Melinda, will contribute $15 billion, their single largest contribution since 2000, bringing the total endowment to about $65 billion.
Royal drama: Lifetime has released a second trailer for its upcoming movie about Prince Harry and Meghan’s ‘escape from the palace’, in which the couple – played by Jordan Dean (left) and Sydney Morton (right) – express frustrations about royal life
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Wednesday’s announcement also comes after billionaire investor Warren Buffett in June said he was resigning as a trustee of the foundation, and had donated half his wealth to philanthropy since pledging 15 years ago to give away his fortune from running Berkshire Hathaway Inc.
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But while Morton and Dean were both seen stepping into their roles in the first teaser shared by the network, the new clip offers insight into the very stuffy way in which some of the other senior royals will be depicted, revealing glimpses at the on-screen versions of the Queen, Prince William, and Kate Middleton.
Former President Donald Trump’s blog has vanished from his official website and won’t be returning, CNBC reported Wednesday. The blog, which he used to share statements after being banned by social media sites like Facebook and Twitter, launched last month.
