Bill Gates makes a great announcement that he gave away almost all of his assets because he promises to spend 200 billion dollars money – money

Bill Gates has announced why he will ensure that his net assets will drop by 99 percent in the next 20 years.

The founder of Microsoft has already given away 100 billion US dollars, but he now explained that within two decades he should “give” practically all “of his wealth from his net assets.

In an earlier announcement that was previously shared today (May 8), Gates announced that, as before, he started a large part of his billions over the foundation that he and his wife Melinda, 25 years ago – The Gates Foundation. And on December 31, 2045, he announced that the foundation “permanently close its doors”.

But where do all the money go and why get gates almost everything going on?

Why Gates get rid of 99 percent of his net assets

Now that he read “many books” together with an essay by Andrew Carnegie from 1889 The gospel of wealth, Gates decided to become “determined” when it comes to the time that he concludes this mortal coil, he will not be known as the man who died “rich”.

“There are too many urgent problems that I can solve for myself to capture resources that could be used to help people,” he reflects in a contribution shared on his website.

How could it be better known for “dying” than ensuring that your net assets will drop from 1999 percent in the next 20 years?

Gates added that it is also a moving year to make the announcement – 2025 that marked for 25 years since he and Melinda founded the foundation, and it was the year in which he turns 70, his father 100 and Microsoft 50.

But how much does goals really cost and where does the money go?

Where 99 percent of the 108 billion US dollars of Gates should go net

Ultimately, the money goes to the Gates Foundation “to the cause of rescue and improvement of life around the world”. And Gates explained, although he eliminates 99 percent of his current net assets of 108 billion US dollars, he expects the foundation to spend over $ 200 billion.

He said: “During the first 25 years of the Gates Foundation – some of the generosity of Warren Buffett – we gave away more than 100 billion US dollars. In the next two decades we will double our donations.

“The exact amount depends on the markets and inflation, but I assume that the foundation will spend more than 200 billion US dollars between now and 2045. This number includes the balance of the foundation and my future contributions.”

The money is reported as “SAV”[ing] and IMPROV[ing] As many live as possible from “the world on the way to the avoidable deaths of mothers and babies and the lifting of millions of people from poverty”, in addition to combating “fatal infectious diseases”.

“Progress depends on so many people around the world: brilliant scientists who discover new breakthroughs. Private companies that develop for life -saving tools and medication,” he added.

“Other philanthropists, the generosity of which promotes progress. Health workers who ensure that innovations get to the people they need. Governments, non -profit organizations and multilateral organizations that build new systems to scale solutions. Each part plays an important role in increasing the world, and it is an honor to support their efforts.”

The money is spent on the Gates Foundation (Getty Images/Getty Images for Global Citizen).

Why is it a change in the plans from the original proposal of the gates of the gates

Gates explained that this newly announced plan marked a change from 'him and melindas' original' ideas for their foundation.

After the start, the couple contained “a clause in the very first charter of the foundation”, in which the intention found that the organization continued long after their death.

A few years ago, however, the Gates began to rethink and realized that the goals of the foundation could actually be able to be achieved “on a shorter time axis”.

He decided: “The mission of the Gates Foundation remains rooted in the idea that they should not determine their possibilities.

“I am happy to see how our next chapter will continue to bring the world closer to a future in which everyone has the chance to live a healthy and productive life everywhere.”