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Gates says he plans to shut his foundation down in 2045

The Guardian

|

May 09, 2025

Bill Gates announced plans yesterday to shut the Gates Foundation in 2045 and criticised Elon Musk for slashing funding to the US Agency for International Development, accusing the Tesla chief executive of involvement in "killing the world's poorest children".

- Anna Betts

Gates says he plans to shut his foundation down in 2045

In an interview with the Financial Times, Gates condemned the sudden funding cuts to USAID by Musk's so-called "department of government efficiency" (Doge), saying they had led to life-saving food and medicines expiring in warehouses and could result in the resurgence of diseases such as measles, HIV and polio.

"The picture of the world's richest man killing the world's poorest children is not a pretty one," Gates said.

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