Bill Gates talks about the end of his founding and donating with a value of $ 107 economy
Bill Bill Gates, Microsoft Founder, announced on Thursday 8, that he will finish the activities of the Gates Foundation in the next twenty years. However, by that time, he will donate 99 % of his wealth, which is estimated at $ 107 billion, for the institution.
If you realize that the transfer of Fortune will be among the largest charitable donations in all ages – overcoming the historical contributions of industrialists such as John D. Rockefeller and Andrew Carnegie, when modified by inflation. Only Warren Buffett, director of Hathaway, donates his wealth – estimated Forbes At 160 billion dollars – it will be higher, depending on the fluctuations of the stock market.
The Gates donation will be offered over time and its institution will allow for more than 200 billion dollars over the next twenty years. “It is interesting that this amount is able to invest in these reasons,” Gates said in an interview with this amount. Associated Press.
The announcement indicates a promise of continuous support for the causes, health, global education and the potential end of the institution’s massive influence of the institution. Gates says that spending his wealth will help save and improve many lives, which will have positive effects that far exceed the closure of the foundation. This also makes your intentions more likely to honor. “I think 20 years are the right balance between giving as much as possible to progress and warn people that these funds will end now,” Gates said.
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The Gates Foundation has not been unparalleled for a long time among charitable institutions, as it attracted supporters and critics – as well as many conspiracy theories.
In addition to 100 billion US dollars, which has been spent since its foundation 25 years ago, scientific research was directed, and helped develop new technologies and long -term partnerships with countries and companies.
About 41 % of the Foundation’s funds came so far from Buffett, and the rest of the Fortune gates made in Microsoft.
The Foundation, which was created by Bill Gates and Melinda French Gates in 2000, plays an important role in formulating global health policies and won a special place by creating partnerships with companies and reducing the cost of medical treatments so that low and medium countries can pay for them.
“The Foundation’s work had a much greater impact than I expected,” Gates said, describing its second and final career.
The impact of the foundation on global health – from the World Health Organization (WHO) to research trends – is a measure of its success and criticism. For years, the researchers asked why the rich family affects how the world improved the health of people and responds to seizures.
Gates said that, like any ordinary citizen, he can choose how to spend the money he earns and decided to do everything in his power to reduce the deaths of children. “Isn’t this an important reason? People can criticize,” he said. “But the institution will continue its global health work.”
“Stimulating Paper”
The most valuable scale in the institution is the fall of approximately half of the children’s deaths, which can be prevented between 2000 and 2020, according to the United Nations. Foundation CEO Mark Suzmann is keen to say that they do not get the credit for this achievement. The Foundation still has several goals – eliminating polio, controlling other deadly diseases, such as malaria, and reducing malnutrition, making children more vulnerable to other diseases.
Gates hopes that by spending on solving these problems now, wealthy donors will be free to solve other problems at a later time.
Gates has planned to finish its activities two decades of Gates’s death, which means that yesterday’s announcement is greatly expected this schedule. Gates plans to stay, although in 69 years, he realized that he might have no active voice.
In the remaining two decades, the Foundation will maintain a budget of about $ 9 billion a year, which represents almost annual growth level since 2006, when Pavite began to make its first donations.
Suzman expects the Foundation to restrict its focus on the main priorities. Suzmann said: “The presence of this time on the horizon and the features only overwhelms our saying,” Do you put your resources on the biggest and most successful bets, rather than spreading them too much? “
Remaining
Major changes in the twenty -fifth year of the institution caused. In 2021, the French Melinda gates were divorced and Bill Gates, and Pavite resigned as a coordinator of the institution. They hired new advice for coordinators to help manage the institution, and by 2024 Melinda went out to continue working in its organization.
She said she decided to leave the position in part to focus on fighting the decline in women’s rights in the United States. At the Elle Women of Impact event in New York in April, she said she wanted to leave the institution in the most prominent. “Mark Souzman has documented a lot, the current CEO,” he said. “We had a board of directors that helped form it, and I knew its values.”
Even with the stability of the Foundation’s governance, it seems that the road is difficult for us. Permanent conflicts in Ukraine and Gaza, global economic turmoil and foreign aid to the United States indicate less resources for global health and development. Gates said: “The most uncertainty for us is the generosity that will be dedicated to global health,” Gates said. “Will you continue to fall, as in recent years, or can we return to where it should be?” Information from the newspaper S. Paulo.
