Bill Gates, known for his work in technology and philanthropy, has revealed his ambitious plan to give away the vast majority of his wealth by 2045. During an exclusive interview on "CBS Mornings" with Tony Dokoupil, Gates outlined his commitment to donating $200 billion through the Gates Foundation over the next 20 years.
The Gates Foundation focuses on addressing critical global challenges, including improving global health, reducing poverty, and advancing education. Gates explained that the funds will be strategically allocated to programs that have the greatest impact on these areas. He believes that philanthropy plays a crucial role in tackling issues that governments and markets may overlook.
During the interview, Gates also addressed the importance of foreign aid. While he did not specifically call out any current political leaders, he noted that cuts to foreign aid budgets can have devastating consequences, potentially leading to increased child mortality rates and hindering progress in developing nations. He stressed the need for continued investment in global health initiatives to ensure that vulnerable populations have access to essential resources and services.
Gates's decision to give away his fortune underscores his dedication to making a positive impact on the world. He hopes that his actions will inspire other wealthy individuals to use their resources to address pressing global challenges.
Bill Gates Plans to Give Away Fortune by 2045
Bill Gates, the co-founder of Microsoft and prominent philanthropist, announced his intention to donate nearly all of his wealth by 2045. In an interview with "CBS Mornings," Gates discussed his plans to distribute $200 billion through the Gates Foundation over the next two decades. He emphasized the foundation's focus on global health and poverty reduction. Gates also commented on the impact of foreign aid, highlighting its crucial role in saving lives.
Source: Read the original article at CBS