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The Independent UK
The Independent UK
World
Thalia Beaty

Bill Gates donates fortune to his foundation – giving it $200 billion to spend in next 20 years

Bill Gates United Nations Melinda French Gates French Gates The Gates Foundation Mark Suzman Warren Buffett The Associated Press

Billionaire philanthropist Bill Gates has pledged to donate nearly all of his remaining wealth to the Gates Foundation.

This monumental gift, estimated at $107 billion today, will to be distributed over time, empowering the foundation to inject an additional $200 billion into its global health and US education initiatives over the next two decades, before the foundation is then closed in 2045.

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