Bill Gates to give away almost all of his personal assets over the next 20 years

The co-founder of Microsoft, Bill Gates, announced an accelerated time frame on Thursday to give away his assets when he spoke to artificial intelligence as a game channel to increase public health and save lives worldwide.

Under a new schedule, the Gates Foundation will spend more than 200 billion US dollars over the next 20 years and closed in 2045. The organization had originally planned to close 20 years after the death of Gates.

The announcement came when goals aimed at another billionaire Tech Titan, Elon Musk.

The Tesla CEO has enforced draconian cuts at the United States Agency for International Development because Musk “did not go to a party this weekend,” Gates told The The The The The the New York Times In an obvious excavation via Musk's lifestyle.

Gates is the 13th richest person on Forbes' “real time” billionaire list with a net assets of $ 112.6 billion. Musk is the first richest person with $ 383.2 billion.

The 69 -year -old gates published a table in which his net assets brought in a blog post in which the shift was announced in the next 20 years. He also described a doubling of the pace of giving.

“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.

The Bill and Melinda Gates Foundation started in 2000, in the same year, in which Bill Gates resigned as CEO from Microsoft. In 2024, Melinda French gate left the foundation three years after the couple divorced.

The organization, which had a fortune of more than 71 billion US dollars at the end of 2023, was attributed to re -change the world of global public health.

In addition to the locations in the USA, Europe, China, India and the Middle East, five offices are listed across Africa.

Gates cited progress in health efforts, including campaigns for the extermination of Polio and the creation of a new vaccine against Rotavirus, which contributed to reducing the number of children who die every year in diarrhea.

The Microsoft founder is separated from the Gates Foundation and said that he is planning to continue to provide initiatives to expand the access to affordable energy and groundbreaking research in Alzheimer's disease.

No “Forever” foundation

In the blog post, Gates wrote the writings of the US steel magnate of the 19th century Andrew Carnegie, whose foundation is still there.

But Gates told it New York Times He had no designs to create a “Forever” Foundation from “some strange legacy things” that preferred to pump out billions more to use emerging technologies.

“The tools are so phenomenal,” he said of the potential for AI in global health.

“The entire intelligence will be in the AI ​​and you will have a personal doctor who is as good as someone who has a full-time doctor, that is actually better than what rich countries have,” Gates told The The The The The the New York Times.

While private foundations can do a lot, Gates described the role of the government as essential and based deep budget cuts by the United States, Great Britain, France and other countries.

“It is unclear whether the richest countries in the world will continue to stand up for its poorest people. But we can guarantee that the Gates Foundation will support the efforts in all of our work to help people and countries get out of poverty,” he wrote.

The steps were the attack on the USA's “Department of Government Efficiency” in Donald Trump's presidential administration.

Goals called the cuts “breathtaking”, far more difficult than expected.

Musk is “the one who has shortened the USA's budget,” said Gates that of the New York Times. “He put it in the wood chipper.”

In an interview with the Finance timesGates mocked Musk's obvious confusion of the province of Gaza Strip in Mozambique with Gaza in the Middle East when the Trump government aimed at programs.

“The image of the richest man in the world who kills the poorest children in the world Finance times.