Melinda French Gates is no longer promising to give away the majority of her billions of dollars in wealth to the Bill & Melinda Gates Foundation, the Wall Street Journal reported (paywall) on Tuesday, citing people familiar with the matter.Instead, the billionaire plans to spread her wealth more widely among charitable organisations – a plan she made official following her divorce from Microsoft Corp co-founder Bill Gates, said the WSJ.In 2010, French Gates and her now ex-husband vowed in a joint Giving Pledge letter to give away most of their fortune to the foundation that bears their names. The Giving Pledge was started that year by the now-divorced couple and billionaire Warren Buffet to encourage the wealthiest people in the world to give away more than half of their wealth to charitable causes or philanthropic organisations. Those who sign up for the Giving Pledge usually outline their giveaway plans in letters published online.
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