Bill Gates Plans to Donate $200 Billion by 2045

Bill Gates has pledged to give away 99% of his wealth, approximately $200 billion, over the next 20 years, with plans to close the Bill & Melinda Gates Foundation by the end of 2045. He emphasized the urgency of deploying his wealth to solve global problems such as poverty, disease, and child mortality, citing inspiration from Andrew Carnegie's philosophy that dying rich is disgraceful. The Gates Foundation has already donated over $100 billion and will focus on ending preventable deaths, eradicating infectious diseases, and improving education and infrastructure in impoverished countries. Gates sharply criticized Elon Musk for cutting funding to the US Agency for International Development (USAID), accusing Musk's actions of harming vulnerable populations by disrupting critical health programs and humanitarian aid. He warned that recent aid budget cuts by major donor countries threaten global health progress and expressed concern about the future support for the world's poorest. Despite these challenges, Gates reaffirmed his commitment to using his resources rapidly to save and improve lives worldwide.