Seattle People Examiner
Showing entries for Category: Gates-Foundation
Gates Foundation Names Microsoft Exec. New CEO
POSTED May 12, 10:41 AM
Mind blowing. That is the best way to sum up the scale at which The Gates Foundation is operating. Even those of us in Seattle who have become inurred to the massive wealth that's been generated and disbursed by Microsoft and other monster companies based here, the fact that The Gates Foundation -- with $31 billion from Warren Buffet alone -- has more assets than many of the world's countries, is, well, surreal.

I know I pinch myself on the rare occasion that I see Melinda Gates eating breakfast at the 5-Spot on upper Queen Anne. This woman not only got Bill to comb his hair, but she has helped create one of the most amazing and unparalleled experiments in giving and world aid ever. EVER!

We are reminded about the work and promise of this still-fledgling philanthropic monolith today, because The Gates Foundation announced a new CEO: Jeff Raikes, a longtime Microsoft exec. He takes over for Patty Stonesipher, who held the post since 1997.

 The foundation is building new headquarters in lower Queen Anne, across from the Space Needle and Music Experience Project. They have hired upwards of 500 of the world's most talented and innovative professionals, cherry-picking brilliance in the fields of agriculture, health care, technology, information resources, finance and administration. The projects they fund ($16 billion so far) and the scope of the foundation's work will only continue to amaze.

 

 

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Laura Vecsey
Laura Vecsey is a former sports columnist for the Seattle Post-Intelligencer and Baltimore Sun. She has lived in Seattle since 1994, which does not qualify her as a resident, according to unwritten rules of local citizenship. She lives in Magnolia, studies at the University of Washington and is the Local Content Director in Seattle for Examiner.com.


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