Bill Gates pledges his remaining fortune to the Gates Foundation, which will close in 20 years

Source: Associated Press

“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’[s] donation will be delivered over time and allow the foundation to spend an additional $200 billion over the next 20 years.” (05/08/25)

https://apnews.com/article/bill-gates-foundation-996819a2c13c58f0c7c658a58374f236