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Bill Gates pledges his remaining fortune to Gates Foundation, which will close in 20 years
Millennium Post Delhi
|New Delhi 09May2025
About 41% of foundation's money has come from Warren Buffett and the rest from fortune Gates
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SEATTLE: Bill Gates says he will donate 99% of his remaining tech fortune to the Gates Foundation, which will now close in 2045, earlier than previously planned. Today, that would be worth an estimated $107 billion.
The pledge is among the largest philanthropic gifts ever — outpacing the historic contributions of industrialists like John D. Rockefeller and Andrew Carnegie when adjusted for inflation. Only Berkshire Hathaway investor Warren Buffett's pledge to donate his fortune — currently estimated by Forbes at $160 billion — may be larger depending on stock market fluctuations.
Gates' donation will be delivered over time and allow the foundation to spend an additional $200 billion over the next 20 years.
This story is from the New Delhi 09May2025 edition of Millennium Post Delhi.
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