US EditionBill Gates announces plan to give ‘virtually all’ his money away and end the Gates Foundation in 20 years
- On May 8, 2025, Bill Gates revealed plans to contribute nearly all of his remaining wealth from the technology sector to the Gates Foundation and announced that the foundation will be phased out by the year 2045.
- This decision accelerates the foundation's planned wind-down from two decades after Gates' death and follows his 2021 divorce and trustee changes.
- The foundation will spend about $200 billion over 20 years, maintaining a $9 billion annual budget to support global health and U.S. Education.
- Gates explained that allocating funds over a 20-year period strikes an appropriate balance between maximizing progress and providing ample advance warning that the financial support will eventually conclude.
- The pledge marks one of the largest gifts ever, intends to reduce childhood deaths, and signals the foundation's eventual end after significant global impact.
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Bill Gates pledging $200B of his own wealth to Gates Foundation over 20 years; Foundation closing
Billionaire Microsoft co-founder and philanthropist Bill Gates has announced to CBS Mornings that he will be giving away nearly all of his personal wealth-- worth around $113 billion-- over the span of the next 20 years.
·Seattle, United States
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Bill Gates announces plan to give 'virtually all' his money away and end the Gates Foundation in 20 years
Bill Gates announced that he now plans to distribute "virtually all" of his wealth within the next 20 years, before shuttering the foundation on December 31, 2045.
·Sacramento, United States
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Sydney Morning Herald+2 Reposted by 2 other sources
Bill Gates vows to give away 99 per cent of his fortune by 2045
“I will give away virtually all my wealth:” The Microsoft billionaire has pledged his foundation will distribute $US200 billion over the next 20 years.
·Sydney, Australia
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