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The Independent UK
The Independent UK
National
Thalia Beaty

Why Bill Gates is donating 99 per cent of his billion dollar fortune to Gates Foundation

Bill Gates Gates Foundation Melinda French Gates Warren Buffett Philanthropy
Philanthropy-Bill Gates - (Copyright 2022 The Associated Press. All rights reserved)

Microsoft co-founder and billionaire philanthropist Bill Gates has announced his intention to donate 99 per cent of his remaining wealth to the Gates Foundation, setting the stage for the organisation's closure in 2045.

This substantial contribution will empower the foundation to disburse an additional $200 billion over the next two decades, significantly amplifying its global impact.

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