Melinda French Gates has reaffirmed her commitment to giving away her fortune following her departure from the Gates Foundation in June. During a recent appearance on The Late Show with Stephen Colbert on July 23, the 59-year-old philanthropist spoke passionately about her decision to continue her philanthropic efforts through her company, Pivotal Ventures, which she founded in 2015.

Gates emphasized her belief in the responsibility of the wealthy to give back. “Anybody who’s grown up in this country has really been lucky and I don’t care who you are,” she told Colbert. “If you are a billionaire, my gosh have you benefited from this country. So we should give back.” Her commitment to philanthropy remains unwavering, and she intends to ensure that her efforts have a lasting impact.

At Pivotal Ventures, French Gates is focused on advancing social progress by removing barriers and promoting women’s rights. She expressed frustration over recent global setbacks in women's rights and is determined to make a difference. “Women’s rights are not only on the agenda, but that women are setting the agenda,” she said. Her goal is to empower more women to run for office and to be well-trained on the legislative issues they wish to address.

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