Bill Gates plans to donate all his fortune to charity
By Ahmad Deedat Zakari
Bill Gates, the Microsoft co-founder and billionaire, has suggested donating virtually all his wealth to charity.
Gates made this significant promise on Twitter on Wednesday, July 13, 2022.
“As I look to the future, I plan to give virtually all of my wealth to the foundation. I will move down and eventually off of the list of the world’s richest people.” Gates tweeted.
In a series of tweets, Gates stated his reasons for the decision. According to him, the world is regressing on several issues, and he needs to lend a helping hand.
“Several huge global setbacks over the past few years have left many people discouraged and wondering whether the world is destined to get worse,”
“The pandemic is one of the biggest setbacks in history. The war on Ukraine is a gigantic tragedy for the entire world. The damage from climate change is already worse than most models predicted. The U.S. has taken a huge step backwards for gender equality and women’s health.” The philanthropist posted on his account.
Mr Gates also appreciated the mentorship and friendship of the principal benefactor of their foundation, Warren Buffett. He stated that half of their resources came from him.
“Although the foundation bears our names, basically half our resources have come from Warren Buffett. His incredible generosity is a huge reason why the foundation has been able to be so ambitious. I can never adequately express how much I appreciate his friendship and guidance.”