Melinda French Gates to no longer give bulk of wealth to Gates Foundation

Billionaire, who divorced from Bill Gates last year, to seek new partners, ideas and perspectives' outside philanthropic fund

Melinda French Gates, co-founder of the Bill and Melinda Gates Foundation, will no longer be pledging the majority of her wealth to the philanthropic organization.

According to the Wall Street Journal, French Gates still plans to distribute much of her fortune across philanthropic endeavors, but largely outside of the Gates Foundation, which is one of the world's largest.