Bill Gates

I have an obligation to return my resources to society in ways that have the greatest impact for improving lives,” Bill Gates wrote Wednesday on his blog.

Overall I expect that the work in these areas will make money, which will also go to the foundation." "I will move down and eventually off of the list of the world's richest people," Gates shared in his blog post. "I do some giving and investing in U.S. health care issues, including Alzheimer's, outside the foundation.

Seattle– Bill Gates is moving $20 billion of his wealth into the endowment of the Bill and Melinda Gates Foundation, which is ramping up its spending in the ...

I hope others in positions of great wealth and privilege will step up in this moment too,” he said, CNN reported. “I have an obligation to return my resources to society in ways that have the greatest impact for improving lives. The couple announced their divorce in May 2021, saying they would work together as co-chairs under a two-year trial period.

Billionaire Bill Gates said Wednesday he will give away a large chunk of his wealth this month to the philanthropic organization he founded with his ex-wife ...

"I will move down and eventually off of the list of the world's richest people." "I have an obligation to return my resources to society in ways that have the greatest impact for reducing suffering and improving lives. The Microsoft co-founder announced on Twitter he'll be transferring $20 billion to the foundation's endowment.

The Microsoft billionaire plans to give "virtually all" his wealth to the foundation he started with ex-wife Melinda.

"His incredible generosity is a huge reason why the foundation has been able to be so ambitious," Gates wrote. But Bill Gates has been there for decades, and his plan is to get off that list. "I have an obligation to return my resources to society in ways that have the greatest impact for reducing suffering and improving lives," he said.

Bill Gates has renewed his pledge to give the "vast majority" of his wealth away, which comes in the immediate context of his giving another $20 billion to ...

"I have an obligation to return my resources to society in ways that have the greatest impact for reducing suffering and improving lives. With the support and guidance of our board, we plan to increase our spending from nearly $6 billion per year today to $9 billion per year by 2026. To help make this spending increase possible, I am transferring $20 billion to the foundation’s endowment this month.

Gates plans to donate most of his wealth to charitable causes carried out by his foundation in the future.

And I hope others in positions of great wealth and privilege will step up in this moment too.— Bill Gates (@BillGates) July 13, 2022 Gates also took the opportunity to reiterate that Warren Buffett, the CEO and Chairman of Berkshire Hathaway, was also an equal contributor to the foundation and has contributed over $35 billion towards the foundation's efforts. Stating that the world could still be a better place in the future, Gates said that his foundation would strive to give people a chance to live healthy and productive lives.

Bill Gates: net worth and Bill and Melinda Gates Foundation explained - where is he on world's rich list 2022? The Microsoft co-founder has said he has an ' ...

“These setbacks are happening in the context of two decades’ worth of historic progress and I believe it is possible to mitigate the damage and get back to the progress the world was making,” he said. On Wednesday (13 July), Bill Gates revealed on Twitter that he plans to give almost all of his wealth to his foundation. He said the move would result in him moving “down and eventually off of the list of the world’s richest people”. Over the last 22 years Mr Gates has donated nearly $57 billion to the charity, including a $20 billion (£17 billion) gift he announced he would make in July 2022. According to Forbes, Bill Gates is currently worth $102 billion (£86 billion), making him the fourth richest person on the global rich list 2022. But the Microsoft co-founder has now vowed to radically reduce his wealth by increasing donations to his charity - the Gates Foundation.

There's a new world's number four richest: India's Gautam Adani, who moved up one spot in Forbes' Real Time billionaire rankings after Bill Gates announced a huge new gift this week. The billionaire math is simple when it comes to big charitable ...

Starting in the late 1990s, he gave tens of billions of dollars of the stock to the Gates Foundation and its predecessors. Gates ranked number four on the 2021 and 2022 Forbes lists of the World’s Billionaires. He first became No. 1 on Forbes’ 1995 list of the World’s Billionaires–with a $12.5 billion fortune. Adani overtook fellow Indian billionaire Mukesh Ambani to become Asia’s richest person in February. He was worth $90.1 billion at the time - and ranked 10th in the world. The Indian tycoon’s wealth has more than doubled since early 2021 to a current $112.9 billion. The billionaire math is simple when it comes to big charitable donations: Give money away and your net worth shrinks.

In a post, Bill Gates said: . “My giving this money is not a sacrifice at all." | World News.

Iranian shipping companies plan to put in place a regular service between Bandar Abbas port and two ports in India to handle cargo expected to be shipped from Russia, even as authorities in Tehran have taken steps to include Chabahar port in the International North-South Transport Corridor, people familiar with the matter said. Food, fuel and medicines are in short supply as inflation is seen touching 70%. The new president could hold office for the remaining two years of Rajapaksa's term before a fresh election in 2024. Although it is named the Bill & Melinda Gates Foundation, basically half of our resources to date have come from Warren Buffett’s gifts,” Gates shared. I feel privileged to be involved in tackling these great challenges, I enjoy the work, and I believe I have an obligation to return my resources to society in ways that have the greatest impact for improving lives. Our focus will remain the same—but at this moment of great need and opportunity, this spending will allow us to accelerate progress by investing more deeply in the areas where we are already working. Bill Gates, who is currently on the fifth spot of the Forbes’ world billionaire list, has made a big revelation for his non-profit organization - Bill & Melinda Gates - that he had set up with his former wife about two decades ago.

Microsoft co-founder says he wants to 'eventually move off the list of the world's richest people'

I will move down and eventually off of the list of the world’s richest people.” The Gateses and Buffett have long encouraged other billionaires to do the same. Gates also thanked billionaire businessman Warren Buffett for his contributions to the foundation.

Although the foundation bears our names, basically half our resources have come from Warren Buffett. His incredible generosity is a huge reason why the ...

— Bill Gates (@BillGates)— Bill Gates (@BillGates) Although the foundation bears our names, basically half our resources have come from Warren Buffett. His incredible generosity is a huge reason why the foundation has been able to be so ambitious. I have an obligation to return my resources to society in ways that have the greatest impact for reducing suffering and improving lives. Gates writes that the world has seen enormous progress in the past decades and it is possible to overcome the setbacks that set us back. He also acknowledged that the foundation gets half of its funding and resources from Warren Buffet. He expressed his gratitude for Buffet’s friendship and guidance. The world’s former numero uno and now the third richest billionaire has announced that he would give away most of his wealth for charity given how the world is writhing in pain, afflicted by poverty, hunger and disease. While Musk believes his own endeavours by virtue of creating better tech and jobs, is serving mankind, Bill Gates is treading the more altruistic path.

According to 'Forbes,' Gates is currently worth $118 billion. On July 13, the world's fourth-richest man announced he'd be donating $20 billion to his Bill ...

On July 13, the world's fourth-richest man announced he'd be donating $20 billion to his Bill & Melinda Gates Foundation. Referencing the pandemic, war in Ukraine and other global challenges, Gates said, "The great crises of our time require all of us to do more". Gates' donation, in addition to a grant of $3.1 billion provided by Warren Buffett last month, brings the organization's endowment to about $70 billion. Gates' donation, in addition to a grant of $3.1 billion provided by Warren Buffett last month.

Bill Gates has promised to give "virtually all" of his fortune away. Where will it go?

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Mark Cuban said in an interview that he once joked that Bill Gates was his "opening act," which apparently upset the billionaire Microsoft co-founder.

"So I get on there, and I say, 'you know, I'm excited to say I've sold my company, and finally, after all these years, Bill Gates is my opening act," Cuban said. Bill Gates was scheduled to speak first, and Cuban said he told the conference organizers, "'the only reason I'm doing this is because Bill Gates is talking right before me,' and they were like 'okay, whatever,'" Cuban told the hosts of "Full Send." Mark Cuban joined the "Full Send" podcast and discussed his relationship with the billionaire Microsoft co-founder, who Cuban said became "the king of tech," after Microsoft went public in 1986.

Bill Gates announced a $20 billion donation to the Bill & Melinda Gates Foundation – and reiterated a pledge to give away "virtually all of my wealth."

In his blog post, Gates wrote that he doesn't view the act of giving away his wealth as a sacrifice. Similarly, the Gates Foundation played a key role in creating Gavi, the Vaccine Alliance — a global health program founded in 2000 that provides immunization to poor countries and has helped vaccinate nearly 1.2 billion people against diseases like Covid-19, polio and measles. Going forward, he could continue to make donations in the form of stock, or decide to liquidate some of his holdings and donate their cash value. Gates announced his plans in a Twitter post on Wednesday, writing: "I have an obligation to return my resources to society in ways that have the greatest impact for reducing suffering and improving lives. In a 2008 study, Rice University researchers found that the foundation helped spur greater financial support at the National Institutes of Health for research into vaccines for malaria and tuberculosis, and other global diseases like asthma and heart disease. Gates, along with his ex-wife Melinda French Gates, has already given more than $50 billion to the foundation since 1994.

Microsoft co-founder Bill Gates, who has long sat at the top or near the top of the list of the wealthiest persons on the planet, said Wednesday he will ...

Gates, who founded the Bill and Melinda Gates Foundation in 2000 with his ex-wife, said the donation will allow the organization to increase its giving from $6 billion per year to $9 billion. "I will move down and eventually off of the list of the world's richest people," Gates said. "Our focus will remain the same -- but at this moment of great need and opportunity, this spending will allow us to accelerate progress by investing more deeply in the areas where we are already working.