The Gates Foundation plans to give more than $ 200 billion by 2045, date of its closure – Liberation
Bill Gates announced Thursday that he was going to give most of his remaining fortune to the Gates Foundation, to which he set the goal of spending « More than $ 200 billion » By 2045, date of its final closure. « Many things can be done in 20 years »explained the co-founder of Microsoft in an open letter about his foundation which fights against poverty and illness. « I want to make sure that the world goes ahead during this period. »
Since its creation, in 2000, the Foundation has spent $ 53.8 billion in various projects, mainly focused on public health, education and development. At the end of 2024, net assets of the Gates Foundation rose to $ 71.3 billion. For the current year, it set for a budget of $ 8.7 billion.
In early February, Bill Gates had told the BBC that she had already donated more than $ 100 billion to works, including around 60 to his foundation. The balance of his fortune is estimated at some $ 113 billion by the magazine Forbes.
Divorced by Bill Gates in 2021, Melinda French Gates left the foundation in 2024. So far called Bill and Melinda Gates Foundation, the non -profit organization has been renamed Gates Foundation. The Foundation contributes to finance the World Health Organization (WHO), the Fluiomelitis (GPEI) group and the vaccine alliance (GAVI).
His endowment was provided by donations from Melinda French Gates, Bill Gates and the entrepreneur Warren Buffett, boss of the Berkshire Hathaway conglomerate.
In line with the work carried out during his first quarter of a century, Bill Gates has set three priorities at the Foundation for the last twenty years of his existence. It will thus focus on the fight against infant mortality, infectious diseases, mainly polio, dracunculose, measles and malaria, as well as on educational initiatives.
Bill Gates paid tribute to Warren Buffett, who « There remains the ultimate model of generosity ». « I hope that other wealthy people will achieve how much they can improve the fate of the poorest in the world by increasing their gifts »said Bill Gates.