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Bill Gates doubles to 200 billion US dollars, practically all of his assets

Bill Gates arrives at a press conference to start the Global Polio -Recovery initiative in the Berlaymont headquarters of the European Commission in Brussels on October 11, 2023.

Simon Wohlfahrt | AFP | Getty pictures

The billionaire Bill Gates announced on Thursday that he will double his non -profit donations for $ 200 billion over the next 20 years.

In a blog post the Microsoft Co -founder wrote that he was motivated by the many challenges to whom the world like the health of children and climate change as well as the warning of walks by Andrew Carnegie.

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

Gates is currently the five -rich person in the world with a fortune of 168 billion US dollars, according to the Bloomberg Milliardaires Index. The commitment of 200 billion US dollars assumes that the foundation will grow by investing its non -profit foundation.

The Gates Foundation, which was founded by Gates and his ex-wife Melinda French Gates in 2000, has already given away more than $ 100 billion. After Bill Gates gave away “practically all” of his wealth, the foundation will close at the end of 2045, he said.

Gates is one of a few billionaires who publicly reinforce their non -profit donations as non -profit organizations and universities from federal finance cuts. Despite his increase in giving, he said that philanthropists cannot cover the abroad of several dollars by the United States and other wealthy countries.

“The United States, the United Kingdom, France and other countries all over the world shorten their auxiliary budgets by tens of billions. And no Philanthropic organization – even the size of the Gates Foundation – can make up the Golf that is currently occurring,” he wrote. “It is unclear whether the richest countries in the world will continue to stand up for its poorest people.”

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In an interview with the Financial Times, Gates Elon Musk criticized his role in reducing US help. In February Musk's so-called Ministry of State Efficiency effectively concluded the US Agency for International Development. According to state data, the Federal Authority paid out 42.5 billion US dollars in 2023 that provided life -saving help, including health care, clean water and food worldwide.

“The image of the richest man in the world who kills the poorest children in the world is not a pretty one,” said Gates from Financial Times.

At the beginning of March, the agency estimated that the cuts would have serious consequences, including 1 million children with severe acute malnutrition, which are untreated and up to 166,000 additional deaths by malaria.

Gates, his wife and Warren Buffett at the time, founded the Giving Plessge 2010 as an obligation for the richest people in the world to give away more than half of their wealth in their life or wealth. French Gates has resigned from the Gates Foundation since then, but has its own philanthropic organization.

Musk signed the promise. Gates told the New York Times that he doesn't know whether Musk will go through.

“The spand – an unusual aspect of which you can wait until you die and still fulfill it. So who knows? He could continue to be a big philanthropic,” he said, before showing Musk's participation in the abroad.

According to Forbes, Musk gave away less than 1% of his assets. The publication estimates that his out-to-toed offer gifts that were paid for and not only have been parked in a foundation-for $ 620 million in the course of his life until 2023.

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