In an exclusive interview with Forbes, Billionaire Bill Gates said he fully intends to give his way off the Forbes billionaires list while he’s still alive.
In an extensive interview, the philanthropist expanded on the state of the couple’s partnership – and how this will now boost their foundation’s annual spending by 50% to $9 billion a year.he Covid-19 pandemic, according to Bill Gates, remains “worse than people realize.” Ditto the Ukraine War, not to mention the economic downturn and “the political context where the willingness to think globally and do complex things, at least, feels like it's at a pretty low period.
There’s significance here beyond another $3 billion each year going towards gender equity, disease eradication and infant mortality, among other causes expressly pursued by the Gates Foundation. It’s an eleven-digit statement about the need for the very rich to deploy their philanthropy more aggressively, rather than let it pile up so that generations of administrators can dribble it out for centuries under their name.
While Melinda French Gates is still co-chair of the Gates Foundation, she is increasingly spending time on Pivotal Ventures, the company she founded in 2015 to accelerate social progress in the U.S.“The good news is that even during the tough times of divorce, which are fortunately now more than a year behind us, we were able to work constructively at the foundation. It's always surprised to me how much Melinda and I agree on foundation stuff.
Warren Buffett has given away nearly $49 billion, of which $35.7 billion has gone to the Gates Foundation.Regardless, Buffett has had an impact. “I'm so influenced by Warren that I can hardly claim an original thought in some just means of understanding investment or general approach to philanthropy.
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