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Published 3 months ago

Bill & Melinda Gates Foundation CEO calls for billionaires to give away more and soon

  • The CEO of the Bill & Melinda Gates Foundation, Mark Suzman, urges billionaires to give away more money to address inequality, referencing philanthropist Chuck Feeney as a generous example.
  • The Gates Foundation calls for billionaires to donate to high-impact causes that can save lives and combat climate change. The foundation itself plans to give away $8.6 billion this year.
  • Suzman supports requiring philanthropic foundations to donate more than the current 5% of their endowment and emphasizes the importance of small individual donors.
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