Bill Gates to donate $200bn, close foundation by 2045

Bill Gates pledged on Thursday to give away almost his entire personal wealth in the next two decades and said the world's poorest would receive some $200 billion via his foundation at a time when governments worldwide are slashing international aid.

- Reuters

LONDON:

He also hit out at Elon Musk, the world's richest man and a key figure in President Donald Trump's administration, accusing him of "killing the world's poorest children" with huge cuts to the United States aid budget.

The Musk-led Department of Government Efficiency has led to the decimation of the US Agency for International Development (USAID), which has previously provided billions in funding for everything from vaccines for children to emergency food assistance.

Gates and Musk once agreed over the role of the wealthy in giving away money, but have since clashed several times.