{"id":2432328,"date":"2025-05-08T10:37:02","date_gmt":"2025-05-08T14:37:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bill-gates-pledges-99-of-his-fortune-to-gates-foundation\/"},"modified":"2025-05-08T10:38:18","modified_gmt":"2025-05-08T14:38:18","slug":"bill-gates-pledges-99-of-his-fortune-to-gates-foundation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bill-gates-pledges-99-of-his-fortune-to-gates-foundation\/","title":{"rendered":"Bill Gates pledges 99% of his fortune to Gates Foundation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbill-gates-pledges-99-of-his-fortune-to-gates-foundation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2432328&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Bill Gates, the co-founder of Microsoft, has pledged to donate 99% of his wealth, estimated at approximately $107 billion, to the Bill &#038; Melinda Gates Foundation. This move represents one of the largest charitable donations in history and follows a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/harris-promises-to-end-taxes-on-tips-for-restaurant-workers-echoing-trump-washington-examiner\/\" title=\"Harris promises to end taxes on tips for restaurant workers, echoing Trump - Washington Examiner\">similar commitment made<\/a> by Warren Buffett, whose fortune stands at around $160 billion. Gates expressed excitement about being able to contribute significantly to various causes.The foundation, established in 2000, will now aim to close in 20 years, having previously set a longer timeline. it seeks to tackle issues such as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/no-spike-in-florida-coronavirus-cases-despite-no-mask-mandate\/\" title=\"No Spike in Florida Coronavirus Cases Despite No Mask Mandate\">infectious diseases<\/a>, poverty, and maternal and child mortality, with a goal to achieve these objectives by 2045. The foundation has already invested $100 billion during its first 25 years and is now positioned to double its spending before its closure.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Bill Gates pledges 99% of his fortune to Gates Foundation<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2114590\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Microsoft founder<a href=\"http:\/\/washingtonexaminer.com\/tag\/bill-gates\" target=\"_blank\" rel=\"noopener\" title=\"\"> Bill&nbsp;Gates<\/a> pledged that 99% of the wealth he&rsquo;s accumulated from his career in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/business-groups-lobby-against-trump-era-rule-blocking-chinese-tech\/\" title=\"Business Groups Lobby Against Trump-Era Rule Blocking Chinese Tech\">technology industry<\/a> and beyond will go to the Gates Foundation.<\/p>\n<p>The donation would be an estimated $107 billion, one of the largest charitable donations ever. Warren Buffett, previously a board member of the Gates Foundation, has made a similar pledge of his fortune, which stands at an estimated $160 billion.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3403750\/fcc-chairman-brendan-carr-deregulation-effort-more-mergers\/\">FCC chairman suggests &#8216;massive deregulation effort&#8217; will lead to more mergers<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3403882\/illinois-meat-industry-discusses-tariffs\/\">Illinois meat industry discusses successes, challenges in face of tariffs<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3403147\/msnbc-new-parent-company-versant-comcast-spinoff\/\">MSNBC under new parent company Versant amid Comcast spinoff<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;It&rsquo;s kind of thrilling to have that much to be able to put into these causes,&rdquo; Gates, 69, <a href=\"https:\/\/apnews.com\/article\/bill-gates-foundation-996819a2c13c58f0c7c658a58374f236\" target=\"_blank\" rel=\"noopener\" title=\"\">told<\/a> the <em>Associated Press<\/em>.<\/p>\n<p><em>AP<\/em> is among the recipients of Gates Foundation funds. The U.S. Agency for International Development, which is undergoing a major restructuring, has received some <a href=\"https:\/\/apnews.com\/article\/bill-gates-foundation-996819a2c13c58f0c7c658a58374f236\" target=\"_blank\" rel=\"noopener\" title=\"$30 million\">$30 million<\/a> from the Gates Foundation over the years. Further donations have gone to advancing technology and medical solutions in developing countries.<\/p>\n<p>Gates also announced a tighter deadline for his foundation, ordering its closure in 20 years. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-gary-sinise-foundation-celebrates-10-years-of-service\/\" title=\"WATCH: Gary Sinise ... Celebrates 10 Years Of Service\">foundation began<\/a> in 2000, giving it a total lifespan of less than 50 years.<\/p>\n<p>&ldquo;More recently, with the input from our board, I now believe we can achieve the foundation&rsquo;s goals on a shorter timeline, especially if we double down on key investments and provide more certainty to our partners,&rdquo; Gates said in a <a href=\"https:\/\/www.gatesfoundation.org\/ideas\/media-center\/press-releases\/2025\/05\/25th-anniversary-announcement\" target=\"_blank\" rel=\"noopener\" title=\"press release\">press release<\/a>.<\/p>\n<p><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">The foundation wants to&nbsp;<a href=\"https:\/\/www.gatesfoundation.org\/ideas\/articles\/next-chapter\" target=\"_blank\"><a href=\"https:\/\/amzn.to\/3YuVZYV\" >eradicate infectious deadly diseases<\/a><\/a>, combat poverty, and decrease deaths among babies, children, and mothers by December 31, 2045<\/span>.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/investigations\/3404064\/bill-gates-charity-chinese-military-company-stock\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>BILL GATES&rsquo;S CHARITY DEEPLY INVESTED IN CHINESE MILITARY COMPANIES<\/strong><\/a><\/p>\n<p>&ldquo;Having that time horizon and the resources just puts an even greater burden on us to say, &lsquo;Are you actually putting your resources, your thumb down, on what are going to be the biggest, most successful bets rather than scattering it too thinly?&rsquo;&rdquo; Gates Foundation CEO Suzman told <em>AP<\/em>.<\/p>\n<p>During its first 25 years, the Gates Foundation spent $100 billion on its endeavors. With Gates&rsquo;s donation, it will now have double the amount to spend before its deadline.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2114590\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2114590\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Gates commits 99% of his wealth to the Gates Foundation<\/p>\n","protected":false},"author":2631,"featured_media":2432329,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/AP24105272867029-1024x715.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[34004,33760,37055],"class_list":["post-2432328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bill-gates","tag-gates-foundation","tag-philanthropy"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/AP24105272867029-1024x715.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2432328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2631"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2432328"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2432328\/revisions"}],"predecessor-version":[{"id":2432332,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2432328\/revisions\/2432332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2432329"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2432328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2432328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2432328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}