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Gates Foundation Adds Billionaire, Baroness to Growing Board

  • Strive Masiyiwa, Thomas Tierney, Minouche Shafik joining board
  • CEO Mark Suzman stresses priority of diversity in letter
Bill Gates and Melinda French Gates in 2019.
Bill Gates and Melinda French Gates in 2019.Source: AP
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Bill Gates and Melinda French Gates are shaking up control of their $50 billion foundation, one of the world’s most powerful philanthropic organizations, fulfilling a promise made after they announced their split last year.

The Gates Foundation is adding four new members to its board of trustees: its Chief Executive Officer Mark Suzman; Zimbabwean billionaire Strive Masiyiwa; Thomas Tierney, the co-founder of Bridgespan Group, one of the nonprofit industry’s most powerful consultants; and Minouche Shafik, a former World Bank official who’s now director of the London School of Economics.