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Globalist billionaire Bill Gates has announced he plans to give away 99% of his fortune by the year 2045—mostly to international health, climate, and population control programs.
Gates also took the opportunity to chastise America-First leaders like President Trump and Elon Musk for cutting off the spigot of taxpayer-funded global aid.
In a statement released Thursday, the Microsoft co-founder revealed that the Gates Foundation will spend down its remaining $200 billion over the next two decades before shutting down permanently, according to the *Financial Times.* <www.ft.com/content/0cb4b390-9150-46df-9d81-9c70806d7b50>
The news outlet reported:
Now Gates, who turns 70 this year, is doubling down. Over the next 20 years the Gates Foundation, renamed last year after his 2021 divorce, will give away a further $200bn. On December 31 2045, by which time Gates would be 90, it will shut down permanently. By then, Gates has committed to have spent 99 per cent of his fortune, leaving himself enough money, as he once quipped, “for my tennis racket”.
In a letter announcing what he called “the last chapter of my career”, Gates quotes Andrew Carnegie, the 19th-century steel magnate and philanthropist, saying: “The man who dies thus rich dies disgraced.” People might say many things about him, Gates writes. “But I am determined that ‘he died rich’ will not be one of them.”
Gates has generated nearly as much criticism as praise over his quarter of a century of philanthropy, with people accusing him of everything from shielding his wealth behind a tax shelter and buying influence to implanting chips in people’s brains. He has stuck to his guns. He argues that by spending his money more urgently, he can now help solve once and for all some of the world’s biggest health problems.
Among his many lofty goals for the next two decades are to eradicate polio (and perhaps malaria and measles), come up with a cure for HIV and halve child mortality from levels that have already halved since 2000 — partly thanks to programmes he catalyses or bankrolls.
The new strategy is better, he argues, than drip-feeding money and prioritising the longevity of the foundation over the problems it is trying to solve. “It gives us clarity,” he says in an interview with the Financial Times. “We’ll have a lot more money because we’re spending down over the 20 years, as opposed to making an effort to be a perpetual foundation.”
In his announcement, Gates accused Musk of “killing the world’s poorest children” by cutting funds to international vaccine and health initiatives. That’s right.
According to Gates, American taxpayers who want to fund roads, border security, and local schools instead of malaria research in sub-Saharan Africa are now responsible for mass infanticide.
The arrogance is stunning.
Gates presents his foundation as a nonpartisan humanitarian vehicle. But under the hood, it’s anything but. The foundation has backed a laundry list of left-wing initiatives—from the UN’s radical “Sustainable Development Goals” like gender equity and climate action, to controversial global education reforms that sideline parental rights and national sovereignty.
Globalist billionaire Bill Gates has announced he plans to give away 99% of his fortune by the year 2045—mostly to international health, climate, and population control programs.
Gates also took the opportunity to chastise America-First leaders like President Trump and Elon Musk for cutting off the spigot of taxpayer-funded global aid.
In a statement released Thursday, the Microsoft co-founder revealed that the Gates Foundation will spend down its remaining $200 billion over the next two decades before shutting down permanently, according to the *Financial Times.* <www.ft.com/content/0cb4b390-9150-46df-9d81-9c70806d7b50>
The news outlet reported:
Now Gates, who turns 70 this year, is doubling down. Over the next 20 years the Gates Foundation, renamed last year after his 2021 divorce, will give away a further $200bn. On December 31 2045, by which time Gates would be 90, it will shut down permanently. By then, Gates has committed to have spent 99 per cent of his fortune, leaving himself enough money, as he once quipped, “for my tennis racket”.
In a letter announcing what he called “the last chapter of my career”, Gates quotes Andrew Carnegie, the 19th-century steel magnate and philanthropist, saying: “The man who dies thus rich dies disgraced.” People might say many things about him, Gates writes. “But I am determined that ‘he died rich’ will not be one of them.”
Gates has generated nearly as much criticism as praise over his quarter of a century of philanthropy, with people accusing him of everything from shielding his wealth behind a tax shelter and buying influence to implanting chips in people’s brains. He has stuck to his guns. He argues that by spending his money more urgently, he can now help solve once and for all some of the world’s biggest health problems.
Among his many lofty goals for the next two decades are to eradicate polio (and perhaps malaria and measles), come up with a cure for HIV and halve child mortality from levels that have already halved since 2000 — partly thanks to programmes he catalyses or bankrolls.
The new strategy is better, he argues, than drip-feeding money and prioritising the longevity of the foundation over the problems it is trying to solve. “It gives us clarity,” he says in an interview with the Financial Times. “We’ll have a lot more money because we’re spending down over the 20 years, as opposed to making an effort to be a perpetual foundation.”
In his announcement, Gates accused Musk of “killing the world’s poorest children” by cutting funds to international vaccine and health initiatives. That’s right.
According to Gates, American taxpayers who want to fund roads, border security, and local schools instead of malaria research in sub-Saharan Africa are now responsible for mass infanticide.
The arrogance is stunning.
Gates presents his foundation as a nonpartisan humanitarian vehicle. But under the hood, it’s anything but. The foundation has backed a laundry list of left-wing initiatives—from the UN’s radical “Sustainable Development Goals” like gender equity and climate action, to controversial global education reforms that sideline parental rights and national sovereignty.
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