Bill Gates, the Microsoft mogul turned philanthropist, just made a bold promise—he’ll give away 99% of his $108 billion fortune over the next 20 years.
Yes, you read that right. Ninety-nine percent.
And he’s not waiting until his last breath to make it happen.
“I am determined that ‘he died rich’ will not be one of them,” Gates declared in a recent blog post.
His plan? To accelerate the Gates Foundation’s efforts and wrap up its work by 2045.
Already, the foundation has poured $100 billion into health and development projects, with another $200 billion planned.
What’s The Reason? nn
Inspired by Andrew Carnegie’s 1889 essay The Gospel of Wealth, Gates is on a mission to fight preventable diseases.
He aims to tackle poverty and eliminate major infectious diseases like malaria and measles.
He’s not doing it alone.
He’s been inspired by Warren Buffett and other philanthropists.
However, critics argue that the foundation’s tax-exempt status gives Gates too much sway in global health decisions.
Will Gates’ massive philanthropic shift be his defining legacy?
Only time will tell, but one thing’s clear: he’s out to make sure his fortune doesn’t die with him—he wants it to help millions.