Bill Gates Literally – wants to share all his good fortune.
Billionaire traders and social workers on Thursday revealed in “CBS Morning” that he would virtually give all his resources to the next 20 years through the Gates Foundation. He says that a total of 200 billion dollars will go towards reasons that will help save and improve life around the world.
“We can do much more with the decision to spend all these money in the next 20 years,” Gates said in an interview last week that he was announced a few days before the initiative was announced. He is confident that this money will save “a few million lives”.
Planning
Declared the decision that Gates did not lightly accept in a letter posted online on Thursday, he was inspired by a famous quote from Andrew Carnegie’s 1889 essay “The Gospel of Wealth”, which argued that “the man who died thus died thus dis
Gates said that his net worth, which is currently $ 108 billion, will decrease by 99% in the next two decades.
Gates writes, “When I die, people will tell me a lot about me, but I am visible that ‘he died is the rich’ will not be one of them.
So, he has changed his plan. Gates Foundation, which was supposed to be shutter in decades after decades and after that Ex -wife Melinda French Gates‘Death, will now be closed in 2045.
The Gates Foundation, which this year has spent $ 100 billion to help reduce childhood mortality rates by investing in treatment, already investing in treatment. Gates said he first saw how effective the distribution of vaccines could be for illness like diarrhea and pneumonia. That is why he is determined to determine “double down”.
Its three main goals are: preventing death of mothers and children from preventing death, eliminating deadly infectious diseases and keeping more countries in the way of prosperity – focus on the improvement of education.
Gates says that more kids can die to overcome the Trump administration assistance
However he is concerned that the scale of the United States and European countries can be postponed with the return of progress Foreign aid And decrease Humanitarian fundThe
According to a UNICEF report published in March, in 2021, an estimated 1.5 million children died before reaching the age of six. Without government assistance, Gates says the number will increase.
Gates said, “So in the next five years we should become 1 million from 1 million children who died a year.
Gates said he had contacted President Trump and had “great discussion” about some of his foundations’ initiatives, including HIV prevention and polio during dinner at Mar-A-Lago in December.
“Since then a few programs have been cut off,” Gates said. ” “And I hope, with both the President or the Congress to recover something of this assistance program.”
On the first day of his second term, Mr. Trump signed an executive order to start the country Withdraw from the World Health OrganizationThe In March, the Trump administration had published plans to shrink the Health and Human Services Department – a Major overhall It influenced thousands of employees. Federal also includes a portion of his plan to slash the expenses US Foreign Assistance Assistance SuspendBasically belong to the US agency or USAID for international development.
Last week, a senior official of the Office of Management and Budget said Mr. Trump 2026 proposed budget for fiscal year Also includes “Lots of Cut for Foreign Assistance”, to focus on foreign assistance in circumstances when in the interest of the United States
The Gates Foundation is not big enough for US foreign aid replacement. In the only fiscal year, the Federal government of the United States distributed about $ 72 billion foreign aid as foreign aid, which is foreign -co -operation. Gov quoted. Gates said the US Federal Government has spent four times more for world health than the Gates Foundation.
Gates praised the global health initiative led by former President George W. Bush – “You always want to save more money on these topics. Should be maintainedThe
The “The Last Stage” of the long career
In this autumn, 70 -year -old Gates says the move identifies the beginning of his career “Last Chapter”. However, he must be hoping that he is in the neighborhood to see the impact it has had.
“Okay. I hope I have more time. But I have to say, ‘Okay, it’s the last part of my life and and and and and I am a driver of these resources,” he said “CBS Morning”. ” “I should make sure it has been well spent and and now it’s the last stage of it.”
When asked if he will miss his billion dollars fate, Gates shook.
“No, I won’t. I hope that I am alive even after I ended 20 years, but I would save something to be able to buy as much as I need to buy as much as I need.”
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