The Gates Foundation's first 25 years: How it changed global health and philanthropy
- In 2025, the philanthropic organization established by Bill and Melinda Gates celebrated 25 years of activity, having allocated $100 billion mainly toward improving global health efforts around the world.
- Established in 2000 through the unification of two family foundations and primarily funded by Gates' Microsoft earnings along with substantial contributions from Warren Buffett, the foundation set out to combat diseases and reduce poverty.
- Since becoming CEO in 2020, Mark Suzman has focused on rigorous, data-informed management of grant recipients, while the foundation supports major international collaborations such as the vaccine alliance Gavi and the Global Fund to combat infectious diseases worldwide.
- In response to challenges such as reductions in foreign aid, ongoing conflicts, and economic instability, the Gates Foundation plans to conclude its operations by 2045 after distributing $200 billion over the next two decades, concentrating on reducing child mortality, combating infectious diseases, and improving education.
- The foundation's influence raised questions about its power relative to public health systems, while Gates advocates philanthropy’s essential role amid shrinking aid budgets and urges other billionaires to increase giving.
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The Gates Foundation's first 25 years: How it changed global health and philanthropy
This month, Bill Gates announced the foundation will close in 2045. He also pledged to donate 99% of his remaining fortune to the nonprofit by then.
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Read Full ArticleMark Zuckerberg’s Bold Pledge: 90% Wealth Donation Hailed By Bill Gates - Business Connect Magazine
By Business Connect Magazine | Published: May 17, 2025 In a remarkable testament to the evolving culture of philanthropy, Microsoft co-founder Bill Gates has lauded Meta CEO Mark Zuckerberg for his commitment to donate 90% of his wealth through the Chan-Zuckerberg Initiative (CZI). This announcement, shared by Gates in a recent Fortune interview, underscores a growing trend among tech billionaires to leverage their fortunes for global good, with…
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