US EditionBill Gates announces plan to give ‘virtually all’ his money away and end the Gates Foundation in 20 years
- On Thursday, Bill Gates revealed plans to contribute nearly all of his remaining wealth from the tech industry to the Gates Foundation and intends to wind down the foundation's operations by the year 2045.
- Gates said 20 years balances giving maximum impact and alerting people the foundation’s funds will eventually run out.
- The foundation, co-led by CEO Mark Suzman, will keep a $9 billion annual budget focusing on global health, education, and reducing childhood deaths.
- Gates expressed excitement about having a substantial amount of resources to dedicate to these initiatives and noted that the foundation's efforts have exceeded his expectations in terms of impact.
- This pledge, worth about $107 billion today, will hasten the foundation’s wind-down but aims to save lives and leave positive effects beyond closure.
181 Articles
181 Articles
Bill Gates accelerates donations to its foundation, scars Trump administration
On Thursday, Bill Gates announced the donation of most of his remaining wealth to his foundation, which will spend "more than $200 billion" by 2045, with Microsoft's co-founder criticizing the American disengagement from international aid.
Bill Gates Announces Plan to Give $200 Billion to Foundation by 2045
Microsoft co-founder Bill Gates on Thursday announced his plans to donate around $200 billion of his fortune over the next two decades to his own foundation and said that it would shut down by the year 2045. In an article published on his foundation’s website, Gates said, “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” adding that his foun…
Slog AM: Cops Who Killed Tyre Nichols Walk Free, Gates Foundation Plans to Close, Ferguson Signs Rent Cap
The Stranger's Morning News Roundup by Marcus Harrison Green Weather: Today will be mostly sunny with a high of 63 degrees. Enjoy it while it lasts, because the rain’s just backstage, doing vocal warm-ups for its big return in the next few days. Gates Foundation Calls It Quits: Mark your calendars for December 31, 2045. That’s when the Gates Foundation will be shutting its doors for good. Since 2000, they’ve thrown over $100 billion at public he…
Coverage Details
Bias Distribution
- 52% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
