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Bill Gates to give away fortune by 2045, $200B for world's poorest

  • Bill Gates announced on May 8, 2025, his plan to give away nearly $200 billion by 2045 through the Gates Foundation, which will then close.
  • Gates accelerated this timetable from distributing wealth after death to completing it within 20 years due to urgent global health challenges and opportunity.
  • Since 2000, the foundation has granted over $100 billion toward vaccines, diagnostics, and healthcare delivery to combat diseases and poverty worldwide.
  • Gates emphasized that he does not want to be remembered as someone who "died rich" and announced that the foundation plans to allocate upwards of $200 billion by 2045 to eradicate preventable maternal and infant deaths and reduce poverty worldwide.
  • The plan implies Gates’s personal net worth will drop significantly and reflects concerns about government aid cuts and hopes philanthropy and AI can accelerate progress.
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Zawya broke the news in on Thursday, May 8, 2025.
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