Bill Gates He wants to share all his good wealth – literally.
The billionaire and improved businessman for “CBS Mornings” revealed on Thursday that he will abandon his wealth over the next twenty years through Gates Corporation. He says that a total of $ 200 billion will go towards reasons that will help save life all over the world.
“By making a decision to spend all these funds in the next twenty years, we can accomplish a lot,” Gates said in an interview registered last week, days before the initiative was announced. He is confident that money will provide “tens of millions of lives.”
Change plans
It is a decision that did not take gates seriously, and explained in a letter published on the Internet on Thursday that it was inspired by a famous quote from the Andrew Carnegie essay of 1889 “The Gospel of Wealth,” He who argued, “The man who dies, so Rich lived.”
Gates said his net wealth, which is currently $ 108 billion, will decrease by 99 % over the next two decades.
“People will say a lot of things about me when I die, but I am determined that” Matt Rich “will not be one of them,” Gates wrote.
Therefore, he changed his plans. The Gates Foundation, which was already supposed to close decades after its decades Former wife, Milinda, French gatesDeaths, will now be closed in 2045.
Gates, which determines the twenty -fifth anniversary of this year, has already spent $ 100 billion to help reduce global childhood deaths through investment in medical innovations. Gates said he saw directly the effect of distribution of vaccines to diseases such as diarrhea and pneumonia. For this reason, it is determined to “weak”.
It has three main goals: stopping the death of mothers and children from the preventive reasons, eliminating fatal infectious diseases, and placing more countries on the road to prosperity – focusing on improving education.
Gates says that more children can die due to the Trump administration discounts
But he is concerned about progress, it may stop as the United States and European countries decline again External aid And reduce Human financing.
In 2023, an estimated 4.8 million children died before they reached the age of five, according to UNICEF The report was issued in March. Without great government help, Gates says this number will rise.
“Therefore, we must go from 5 million children who die annually over the next five years to 4 million. Now with these cuts, if they are not reversed, we will go to more than 6 million deaths. So, instead of going down, we will return,” Gates said.
Gates said he was in contact with President Trump and had a “wonderful discussion” about some of his institution’s initiatives, including the prevention of HIV and polio, at dinner in Mar Lago in December.
“Since then, some programs have been cut,” Gates said. “I hope, with the president or Congress, to make them restore some of these relief activities.”
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
Gates is not great enough to replace US foreign aid. In the fiscal year 2024 alone, the US federal government spent approximately $ 72 billion in foreign aid, according to L. Pio Research CenterThat was martyred Foreignassistance.gov. Gates said that the US federal government has spent four times on world health than the Gates Foundation.
“You always want more money on these things that save a few thousand dollars. I will be a defender,” said Gates, who praises the global health initiatives led by former President George W. Bush – like him. AIDS relief plan Launch in 2003 – which he says It must be preserved.
“Last stage” from a long profession
Gates, who is 70 years old, said this step represents the beginning of the “last chapter” in his career. But he definitely hopes to be present to see the effect he is.
“Well, I wish I had more time. But I must say,” Well, this is the last part of my life. I am the host of these resources, “said” CBS Mornings “.” I must make sure that they spend it well. And now this is the last stage of all of this. “
When asked if he would miss his wealth one billion dollars, Gates laughed.
“No, I will not do it. I hope that I will not alive when we finish twenty years, but I will save a little to be able to buy a Hamperger as much as I need,” he said.
