Bill Gates pledges $20 billion to foundation to address 'huge global setbacks'

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Bill Gates pledges $20 billion to foundation to address 'huge global setbacks'
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'I will move down and eventually off of the list of the world’s richest people.'

Bill Gates, co-founder of Microsoft and Chair of the Gates Foundation, walks to a morning session during the Allen & Company Sun Valley Conference on July 07, 2022 in Sun Valley, Idaho. Photo: Kevin Dietsch/Getty Imagesand eventually move off the list of the world’s richest people.

"The pandemic is one of the biggest setbacks in history," he tweeted. "The war on Ukraine is a gigantic tragedy for the entire world. The damage from climate change is already worse than most models predicted. The U.S. has taken a huge step backwards for gender equality and women’s health.

Since 1994, Bill Gates and Melinda French Gates have contributed $39 billion to the foundation. Since 2000, the foundation has spent $79.2 billion, according to"Over the past two years, the foundation has also made commitments of $2.1 billion to gender equality, nearly $1 billion to advance global nutrition, and over $2 billion to address theEditor's note: This story has been updated with details of the contributions to the Gates Foundation.

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