Melinda French Gates, post-divorce from Bill Gates, announces a $1 billion initiative through Pivotal Ventures.

The initiative aims to support women's causes globally, focusing on women's empowerment and challenges faced by boys and men.

Funds will be distributed to groups advancing women's rights in the US, influenced by a Supreme Court decision on abortion rights.

Financial support will also be extended to individuals such as Allyson Felix and former New Zealand Prime Minister Jacinda Ardern.

This signifies French Gates' expansive approach towards gender equality and her commitment to a more equitable society for all genders.

Her departure from the Bill & Melinda Gates Foundation marks a shift towards more collaborative and generous philanthropy.