Billionaire Business and Horses Bill Gates He abandons his wealth for the health and wellness Gates Corporation To spend over the next twenty years.
Gates He first revealed his plan to abandon almost all his wealth in an interview with “CBS Mebornss” last week, saying that he would take a “value -based stock approach” to distribute money. It will go about several reasons, focusing on health and global education. Its final goal: saving tens of millions of lives, especially those for women and children with HIV, malaria and other deadly diseases.
Here are some prominent points of its discussion on its mission of $ 200 billion, as well as what the “last chapter” calls life – and more.
“It is wild to have a person a lot of money as I do.”
Gates said he will not miss the money, but he hopes to live enough to see some of the positive ways that helped in arduous societies.
“I hope I am still alive when we’re done for twenty years, but I will save a little to be able to buy a Hamperger – as much as I need,” Gates has joined.
Some may think, Why now? To the gates, it’s simple: you can get more by spending more money. For this reason, the co -founder of Microsoft said he was “doubled.”
“After that, there will be other rich people who can understand what problems are, and what still remains,” said Gates.
He added: “Somehow, it is wild to have a person who has a lot of money as I do.”
Gates says that more children will die due to the discounts made by the Trump administration
US states and other European countries Reducing foreign aid budgetsThey have health experts Fears On the effects of global health. In 2023, an estimated 4.8 million children died before they reached the age of five, according to UNICEF The report was issued in MarchOn the occasion of a significant decline since 1990. Gates expects that deaths may rise again, and this is something he wants to treat.
“I will say, despite the challenges we are facing now, which are huge and amazing, I am very optimistic about the progress that we can make over the next twenty years,” Gates said. “The next five, there will be relapses due to these cuts, but we will get – so the number 5 million may rise a little, which should not happen. It is terrible. But with the passage of time, we will get this number up to less than 3 million.”
Gates urges the leaders to consider the difference that maintains external aid – almost 1 % of the federal budget last year – You can make.
“By 1 %, if you can save lives for 1000 times less than we save lives here, and if that creates stability in those countries, they are prosperous countries that will participate in the global economy,” Gates explained. “We do not have to interfere with our army or anything, and the strategic relationship with them, as they see that we helped them to advance, and that this money is the reason that you will be able to see a future pandemic early and prevent it from spreading as Kovid did to the United States.”
Gates hopes that the United States will follow its progress in helping some of the poorest countries in the world, and said he will always defend governments to help.
“We never ask more than 1 % to help in the poorest. I think the cut – when you are less than 1 %, does not reflect the values that I think we should defend,” Gates said, adding that the United States should not cut money to vaccines or HIV.
Some of these topics appeared during a Three hours dinner Between Gates and President Trump in Mar Lago in December. Gates said they have a “wonderful discussion” about polio and innovations in preventing HIV and working together to obtain “HIV therapy sooner.”
“Since then, some programs have been cut,” Gates said.
On the first day of his second term, Mr. Trump signed an executive order to start the country Withdrawal from the World Health Organization. In March, the Trump administration revealed plans to reduce the Ministry of Health and Humanitarian Services – a Great repair That affected thousands of employees. Part of his plans to reduce federal spending also included Exclusive to help in US foreign aidBasically, the US Agency for International Development, or the United States Agency for International Development.
Last week, a senior official at the Administration and Budget Office said The proposed budget for the fiscal year 2026 It also includes “enormous discounts for external assistance”, with a more focus on “targeted external aid” in situations when they are in the interest of the United States
“I hope, with the president or Congress, to bring them to restore some of these aid activities,” Gates said, adding that the Gates Foundation cannot replace American assistance.
In the fiscal year 2024, the US federal government spent approximately $ 72 billion of foreign aid, with $ 14.4 billion for humanitarian assistance, Pew Research Center reportsQuoting from Foreignassistance.gov.
Gates is afraid that external aid discounts may lead to more childhood deaths due to lack of vaccine and HIV drugs that prevent mothers from injuring their children.
“instead of [deaths] Gates said: “The descent, we will return.”
“Last Chapter” of Gates profession
Gates celebrates many important landmarks this year – Gates has 25 years old, with Microsoft 50 years old and 70 years old.
“I am surprised that I am 70 years old, because when I was young, and I thought, hey, these are the elderly do not do … they are not always aware of what is changing, what is important. Here I am here,” Gates said, admitting that “Microsoft days were very intense.”
These days, his spare time spends PickleBall playing, tennis, and reading. He also travels regularly to Africa and India As part of his work with the Gates Foundation, he supervises some of the programs made by a partnership to improve health and development.
“I wander around travel and see the effect. I do not work. In the twenties of my life, all I did is work,” Gates said.
“He does not feel the age of 70 years,” Gates said, but he hopes to be “more time.”
Near the end of a message he posted on the Internet on Thursday, explaining his decision to abandon almost all his wealth, Gates said he started the “last chapter” of his career.
“I hope to be lucky enough, during the twenty years, we spend all these resources that I will be able to help to direct them and see the work and make sure that others will intervene to capture everything that has not been done during the next twenty years. “
Part of Gates’s motives stems from the generosity of his dear friend, Warren Buffett, who has Billions To the Gates Foundation over the past 19 years. Buffett, now 94 years old and announced this month that it would be He stepped as a CEO of HathawayI came for life two decades to five charities – including the Gates Foundation – which will continue until his death. At that time, it was The biggest charitable pledge In history.
“I must make sure to spend it well. Warren Buffett’s generosity, this is always – I felt a great responsibility to make sure that his generosity is very influential. Now this is the last stage of all of this, “added Gates.
What Gates hopes that the scientist will say about him in 100 years
When asked what the world hoped for 100 years from now, Gates said that he “has no interest” in creating a permanent name for himself.
“If you care about that, I will make the foundation an institution that lasts forever. “Others choose to do it. That’s good. I don’t think this is the way to get the most effective. Most of the things I work will not be problems,” said Gates.
He hopes that after a century, people will be confused about some diseases that he works to eliminate, such as tuberculosis, measles and malaria.
Gates said: “I think we will deal with all the lives of children as valuable, because the world will be rich enough and create tools to allow you to do so, it will be very strong, as you know, the childhood death number should be very small and does not differ between different countries,” Gates said.
Artificial intelligence is a “very empowerment tool” for future generations
Another tool that the Gates believes can help: artificial intelligence.
Gates, who said he saw directly how mathematics in New Jersey “” some of its aspects are incredibly positive “, will be so again that no one is ready for that. But some of its aspects are incredibly positive. “
Although artificial intelligence can help enhance curiosity and be a “very empowerment tool”, Gates said that children will continue to formulate their own paths based on their unique interests.
“Children will choose what they care about,” he said.
While some may express fears that artificial intelligence is a murderer, Gates argues the opposite. It can give you more freedom and time to spend on the things you stimulate.
“Well, this is called” embarrassment of the problem of wealth “, and that you will not have to work in the long hours that work today. You will not have a shortage of doctors and huge waiting lists,” Gates said, adding that he hopes to help artificial intelligence support countries, such as Africa, which faces a doctor’s shortage.
“The community will decide: How do you spend time? How quickly is you, you will get a very wide dispute, but in general, this is where we go. And so – we will have more freedom. It is much better than the things that go back.”
