Bill Gates Announces He Will ‘Donate’ All His Wealth

Founder of US-based technology giant Microsoft Bill Gatesannounced that he made an important decision regarding the charity he founded on behalf of himself and his ex-wife Melinda Gates. Bill Gates, one of the richest names in the world, to the “Gates Foundation” 20 billion dollars announced that it will donate more.

“My future plan, other than what I spend on myself and my family all my wealth donate to…Bill Gates made a statement saying, “The Gates Foundation was pleased with this move. In the statements made by the institution, it was stated that they could distribute more money with income increases. In fact, Bill Gates said that when we come to 2026, the foundation’s annual 9 billion dollars He says he will manage to raise funds.

Why will Bill Gates give another $20 billion to the foundation he founded?

Making some statements on his original Twitter account, Gates explained why he made such a decision:

“Several major global setbacks in the last few years have discouraged many people. The pandemic is the worst in history. from their failures is one. The Ukrainian war is a huge tragedy for the whole world. The damage from climate change is worse than most models predict. The USA took a big step back for gender equality and women’s health. But still i am optimistic. These setbacks take place in the context of two decades of historical progress, and I believe it is possible to reduce the damage and return to the progress the world has made. “

Melinda and I started the Gates Foundation in 2000 because we believed that every person should have a chance to live a healthy and productive life. this vision stays the same, but the great crises of our time require all of us to do more. With the support and guidance of our Board, we will increase our expenditures, which is approximately 6 billion dollars a year, until 2026. 9 billion dollars We plan to release. To the foundation this month to enable this increase in spending I transfer 20 billion dollars. I am proud of the foundation’s role in helping solve big problems such as preventing pandemics, reducing childhood deaths, eradicating diseases, improving food security and climate adaptation, achieving gender equality and improving educational outcomes.”

In the future, I plan to give almost all of my wealth to the foundation. Ultimately richest people in the world I will go down the list. I have an obligation to return my resources to society in a way that has the greatest impact to reduce suffering and improve lives. And hopefully, in positions of great wealth and privilege other people And they come forward at this very moment.”

Thanks to Warren Buffett:

Bill Gates also spoke to Warren Buffett, known as his close friend, in his Twitter posts. He thanked. Stating that half of the Gates Foundation’s capital is Buffett’s donations, Bill Gates said:

“Even though the foundation carries our names, it’s basically of our resources half It came from Warren Buffett. His incredible generosity is a big reason why the foundation can be so ambitious. I can never tell you how much I appreciate his friendship and guidance.”