
While Bill Gates may best be known as the co-founder of Microsoft Corporation (NASDAQ:MSFT), he has been gaining prominence through the years for his philanthropy, opening the doors to the Bill & Melinda Gates Foundation in 2000. Since then, the foundation has doled out more than $79 billion to fund healthcare and education initiatives, among others.
The tech billionaire took to Twitter Inc (NYSE:TWTR) on Wednesday to announce an additional $20 billion donation to the foundation, while essentially saying he doesn’t want to be rich anymore and would rather return his resources to those who need them most.