Melinda French Gates Is Worth $34.5B — but Refused to Invest in Her Daughter's Startup: 'I Wouldn't Put Money Into It'

Melinda French Gates Is Worth $34.5B — but Refused to Invest in Her Daughter's Startup: 'I Wouldn't Put Money Into It'

Melinda French Gates says she did not fund daughter Phoebe Gates' startup, Phia, or use her contacts, so it could prove its viability independently.

Billionaire Melinda French Gates once revealed she refused to fund her Gen Z daughter’s startup—despite being worth over $34 billion

Microsoft cofounder Bill Gates has said his children will inherit “less than 1%” of his wealth when he eventually passes away. But even while their parents are alive, the Gates children won’t be coasting off the family fortune—and Melinda French Gates is making sure of it, starting with saying no…

Despite a $34 billion net worth, Melinda French Gates refused to fund her Gen Z daughter’s startup

Melinda French Gates may be one of the wealthiest women in the world, with an estimated $34.5 billion net worth, but you won’t catch her writing checks for her daughter’s new startup. In fact, the billionaire philanthropist and ex-wife of Bill Gates explained last year at the Power of Women’s Sports Summit presented by E.l.f. […]