Melinda Gates pledges $1 billion to promote gender equality

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Melinda Gates pledges $1 billion to promote gender equality
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'I want to see more women in the position to make decisions, control resources, and shape policies and perspectives.'

The famous philanthropist made the announcement in an op-ed published on Time's website on Wednesday, stating that only one CEO of a list of 500 is a woman and that although women make up 51% of the American population, just 24% of the seats in Congress are held by them.

I want to see more women making decisions, controlling resources, & shaping policies. That’s why I’m committing $1B over the next 10 years to expanding women’s power & influence in the U.S. #EqualityCantWait, & no one in a position to act should either. https://t.co/Rh6SkRH0ma "I imagine waking up one morning to find that the country has moved on," she said."That the media has stopped reporting on systemic inequalities. That diversity remains something companies talk about instead of prioritizing. That all of this energy and attention has amounted to a temporary swell instead of a sea change."

She will use her company, Pivotal Ventures, to put resources behind"new and established partners taking innovative and diverse approaches to expanding women's power and influence."

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