Bill Gates to donate 99% of the Net Wurs for Gates Foundation, complete it until 2045

Bill Gates, the co -founder of Microsoft and one of the most influential philanthropes in the world, announced on Thursday that he would like to give away 99% of his assets in the next two decades.

The step will culminate by the end of 2045 in the planned closure of the Bill & Melinda Gates Foundation.

The 69 -year -old Mr. Gates marked the 25th anniversary of the foundation, said the decision to speed up his donations at the desire to confront the deepening of global inequality and to ensure that its heir was defined more by effects than by accumulation.

“People will say a lot of things about me when I die, but I am determined that” he died rich “not one of them”. Mr. Gates wrote in a personal blog post. “There are too many urgent problems that I can solve so that I can capture resources that could be used to help people. ”

Mr. Gates, whose net assets, according to Bloomberg Index, is estimated at $ 168 billion, expects the foundation to be distributed up to 200 billion US dollars depending on the financial markets and inflation by 2045 to 2045.

Since its foundation in 2000, the foundation has paid grants of more than 100 billion US dollars, mainly in terms of global health and poverty control, including initiatives such as Gavi, the Vaccine Alliance and the Global Fund to combat aids, tuberculosis and malaria.

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The announcement is made that many of the richest nations in the world reduce their foreign auxiliary budgets. Gates's statement was thinly veiled on such cuts, including those under US President Donald J. Trump, and emphasized the important role that continues to support the government's support for global progress.

“It is unclear whether the richest countries in the world will continue to stand up for their poorest people.” Said Gates and stated the reduction in help from the United States, the United Kingdom and France. “Despite our resources, we cannot remove diseases like Polio without state help.”

Gates praised African nations who re -assigned the budgets to alleviate the effects of these financing gaps. Nevertheless, he emphasized that the public and private sector had to act in the concert in order to maintain global health.
Under the leadership of Gates and his former wife Melinda French Gates, the foundation has become one of the most powerful Philanthropic institutions in history. Later, investor Warren E. Buffett, who also committed a significant part of his assets for the work of the foundation.

But the foundation's scale has taken the exam from some quarters. Critics have questioned their influence on agendas of public health and reasons for the decision, such as the World Health Organization, especially during the Covid 19 pandemic, as Gates was the subject of widespread misinformation and conspiracy theories.

With the opinion, the gates said that other wealthy people would follow his example.

“I hope to think about other wealthy people how much they can accelerate progress for the poorest in the world if they increase the pace and the yardstick of their giving,” he wrote. “Because it is such a deeply effective way of returning to society.”

The foundation, in which its annual expenditure will increase to 9 billion US dollars by 2026, is expected to be operated until it has turned 99% of the Gates 'Fortune, which was rejected by previous plans, the operation continued long after the founders' death.

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