The founder of Microsoft announced that he plans to donate almost all of his fortune to the Bill & Melinda Gates Foundation, which he founded with his ex-wife.
Gates is also preparing to donate $20 billion to the foundation this month. The billionaire explained his gesture with the difficult events that people have been through in recent years. These include the pandemic, the Russia-Ukraine war that has become a “great tragedy” for the whole world, and climate change, which has developed according to a more pessimistic scenario than scientists had anticipated.
I have an obligation to return my resources to society
Bill Gates said: “As I look to the future, I plan to give almost all of my wealth to the foundation. I will eventually be removed from the list of the world’s richest people. I have an obligation to return my resources to society in the most effective way to reduce suffering and improve lives. And hopefully to other people with great wealth and influence. And people don’t stand aside either.” used the phrases.
Bill Gates is currently number 4 on Bloomberg’s billionaires list, behind Elon Musk, Jeff Bezos and French businessman Bernard Arnault. His fortune is estimated at $114 billion.
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