Melinda Gates is known as the most powerful woman in philanthropy, co-chairing the Bill and Melinda Gates Foundation in another industry that is largely dominated by men. With only 33% of leaders of charitable funds worth $10 billion or more are led by women, Melinda Gates continues to lead by example chairing the foundation for over 15 years.
She and her husband agreed to donate 80% of their multi-billion dollar fortune to the foundation that focuses on improving health care, reducing poverty, and growing educational opportunities around the globe. Today, the endowment is well over $50 billion, with about half of that fund coming from Bill and Melinda’s donations.
She has also quietly entered the venture capital space focussing on investing in female and/or minority focussed venture firms because she, like many of us, are frustrated at the diversity numbers in venture-backed startups. An astounding 3% of VC money goes to female founders with an embarrassing 0.2% going to women of colour. This includes Aspect Ventures, Female Founders, and Defy partners according to Fortune. Melinda Gates is a champion in this field and has put hundreds of millions where her mouth is.
Biography & Image sourcesBiography: http://fortune.com/2018/01/23/diversity-aspect-ventures-melinda-gates/
Banner image: The Guardian Nigeria
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