Bill Gates Pledges Nearly $200 Billion to Combat Global Poverty

Bill Gates has pledged to donate nearly his entire fortune, estimated at $200 billion, to the Bill & Melinda Gates Foundation by 2045, aiming to address global health, poverty, and maternal care. He announced plans to close the foundation by the end of 2045 and accelerate his donations to make a significant impact on preventable diseases like polio, malaria, and measles. Gates criticized reductions in U.S. foreign aid under leaders like Donald Trump and Elon Musk, warning that these cuts threaten decades of progress in global health. Despite the foundation's vast resources, Gates emphasized that sustained government support is crucial to achieve global health goals. The Gates Foundation, which began in the 1990s and evolved into one of the world's largest philanthropic organizations, has launched major initiatives in vaccines, education, and agriculture. Gates also encouraged other billionaires to follow his example to help tackle urgent global challenges.