Microsoft founder , Bill Gates (69), he confirmed his intention to devote almost all of his private property to charity. The expenses of his Gates Foundation would be accelerated so that by the end of 2045 it would spend around $200 billion on helping those in request worldwide. The foundation would be closed in late 2045. This step is essential at a time erstwhile governments drastically cut spending on global improvement aid, Gates said on Thursday, attacking Trump administration.
"People will most likely say a lot about me erstwhile I die," Gates wrote in a statement. “But they will not be able to say, “He died as a rich man”. "There are besides many urgent humanitarian problems in the world," Gates said: "Therefore, no 1 should be left with large financial resources that could be utilized to aid those in need.
It is specifically about applying comparatively simple measures to reduce the mortality of children and mothers in countries that cannot afford adequate medical care. Vaccines against polio, malaria and measles are besides an crucial element.
But Gates did not halt there; he set a good example. W interview “Financial Times” was the richest man in the planet fiercely attacked the present richest man in the world, Elona Muska (53): The head of Tesla, who is besides head of the Government Efficiency Department (DOGE) created by Donald Trump, is liable for severe cuts in American abroad aid and thus for the deaths of many people. Gates virtually said, “The thought that the richest man in the planet kills the poorest children in the planet is not pleasant.”
Musk, now the richest man in the world, with a luck of $380 billion and the most crucial sponsor of Donald Trump's campaign, operates from ignorance, told Gates to the paper “FT”. In February, Musk effectively closed the United States Agency for global Development, saying, "It's time to die". Due to the abrupt interruption of the funding, the work of the US Aid relief organization practically stood still. Medicines and food that were already stored could no longer be transported to their destination.
Microsoft's founder himself wants to take a different path: "With the work of our foundation we have the chance to aid more people than always before," Gates tweeted (now X). By 2045, he intends to allocate 99 percent of his individual assets (now around $108 billion) to charity.
