Bill Gates end its foundation and $ 107 BI | The economy that speaks of the donation of

Microsoft founder Billionaire Bill Gates, 8, 8, Thursday, he ended the Gates Foundation operations in the next 20 years. However, by then, he estimates his wealth of $ 99%, $ 107 billion.

If perceived, the transfer of luck is always in the largest philanthropic donations – John D when adjusted by inflation. Overcome the historical works of entrepreneurs like Rockfeller and Andrew Carnegie. Berkshire Hathaway Manager Warren Buffett’s promise only, donated his luck – predicted Forbes Billion at 160 billion – the stock market is high depending on fluctuations.

The donation of the gates will be given over time and its foundation allows it to spend more than $ 200 billion in the next 20 years. Gates said in an interview that it is very exciting to have this amount so that they can invest in these reasons Associated Press.

This statement is the promise of the reasons and the immense world influence of continuous support for global health and education. Gates said that spending his luck now helps to save and improve many lives, which can have positive effects beyond the closure of the foundation. It is possible to respect your intentions. “I think it is the right balance between people to give us as much as possible to make progress for 20 years and warn people that this money will end now,” Gates said.

History

The Gates Foundation has long been uneven in the foundations of philanthropy, attracting supporters and adversaries – as well as many conspiracy theories.

In addition to the US $ 100 billion spent from its foundation 25 years ago, she directed scientific research, helping to develop new technology and cultivated long -term partnership with countries and companies.

41% of the Foundation’s money has so far come from Buffett, and the remaining Fortune gates made at Microsoft.

Created by Bill Gates and Melinda French Gates in 2000, the foundation plays an important role in the formulation of global health policies and has won a special niche by establishing a partnership with companies and reducing the cost of medical treatment, thereby paying for less and medium rental countries.

“The work of the foundation had a lot more impact than I had been expected,” the gates called his second and last occupation.

The effect of the foundation on global health – from the World Health Organization (WHO) to research research – the magnet for its success. Researchers have asked why the rich family should have such an impact on how the world improves people’s health and how it responds to epilepsy.

Gates said that, like any ordinary citizen, he could choose how to spend money he earned and to do all he could to reduce the deaths of children. “Is this an important reason? People can criticize,” he said. “But the foundation continues with its world health work.”

‘Catalyst paper’

According to the United Nations, almost half of children’s deaths due to the reasons that can be avoided between 2000 and 2020 are the most valuable metric. Foundation CEO Mark Suzman is careful not to take credit for this achievement. The foundation still has many goals – eradicate polio, regulates other deadly diseases such as malaria and reduces malnutrition, which can cause more harm to other diseases.

Now by spending on solving these problems, the Gates hopes that the rich donors will be free to solve other problems later.

Two decades after the death of Gates, the Gates Foundation plans to end its operations, which means yesterday’s announcement significantly ATES. Gates plans to participate, though at the age of 69, found that he could not have an active voice.

In the last two decades in the last two decades, the Foundation hosts the Billion 9 billion budget for the year, which represents almost annual growth since 2006, Buffett began making its first donations.

Suzman is hoping that the foundation will limit his attention to the main priorities. “Because of this time’s horizon and features,” Do you spread your resources on a really big and successful bet, “Suzman said,” Suzman says, “What programs are creating uncertainties in the foundation of any programs.

Remaining

Great changes are before the 25th year of the foundation. In 2021, Melinda divorced French Gates and Bill Gates, and resigned as the Buffett Foundation Curator. They hired a new curator’s advice to manage the foundation, and by 2024, Melinda went out to work on her own company.

She said she decided to quit somewhat to focus on fighting for women’s rights in the US. At the Elle Women of Impact event in New York in April, she said the foundation should be left with a highlight. “I believe in Mark Suzman very much, the current CEO,” he said. “We have a board of directors I have created, and I know its values.”

Even with the stabilization of the foundation regime, the way forward is difficult. Permanent conflicts in Ukraine and Gaza represent world economic confusion and less resources for global health and development. Gates said, “ER Dharma intended for global health is great for us.” “Does she fall like in recent years, or where can it go back to it?” Information from the newspaper S. State of Paulo.

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