Bill Gates says he will give away almost all of his money over next 20 years

During the 25th anniversary celebration of the Gates Foundation, Bill Gates has announced that he was planning to give away "virtually all" of his wealth within the next 20 years. In all, he expects to distribute approximately $200 billion until the foundation shuts down on December 31, 2045, which as The New York Times notes is decades before originally intended. The Gates Foundation has funded several causes since it was founded in the year 2005 by Bill and his then-wife Melinda French Gates, including those dedicated to the eradication of and to supporting the sufferers of malaria, tuberculosis and HIV. It has also funded causes focused on gender equality, maternal and child health, as well as family planning worldwide. During the COVID-19 pandemic, it committed $2 billion to various response efforts. The foundation's other initiatives include agricultural development, as well as water, sanitation and hygiene projects. It is not without its controversies, however, and was previousl ... Read full article.