The co -founder of Microsoft, Bill Gates, has announced plans to give virtually all its wealth, estimated at around $ 200 billion, in the next 20 years through the Bill and Melinda Gates Foundation.
The Foundation, according to CNN, will close on December 31, 2045, after achieving its objectives.
Gates wants to accelerate the work of the Foundation on World Health and Equity Initiatives.
“People will say many things about me when they die, but I am determined that 'Rico died' will not be one of them.
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“There are too many urgent problems to solve to keep resources that could be used to help people,” Gates said.
This movement marks a significant change in Gates's approach to philanthropy, and the foundation is expected to increase its annual expense from $ 6 billion to $ 9 billion by 2026.
Gates's decision occurs when governments worldwide are reducing international aid, which raises concerns about stagnant progress in research and other crucial projects.
Gates has also hit Elon Musk, accusing him of “killing the poorest children in the world” with huge cuts to the world of international development agency (USAID) of the world.
The Gates Foundation has already spent more than $ 100 billion since its foundation in 2000, helping to reduce the global infant mortality rate investing in medical innovations.