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Bill Gates will give all his fortune to his foundation and leave the clan of billionaires

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Bill Gates will give all his fortune to his foundation and leave the clan of billionaires
Written by madishthestylebar

In a series of tweets, Bill Gates returned to the actions and the importance of the Bill and Melinda Gates Foundation. At a time of war in Ukraine and the devastating effects of global warming, the billionaire announced that he intended to bequeath his immense fortune to his foundation.

Even though Bill Gates is no longer the richest man in the world, this position now belongs to a certain Elon Musk, the founder of Microsoft is in the TOP 10 of the greatest fortunes. Regularly, the former entrepreneur does not hesitate to take a position on Twitter to give his opinion on current events.

The businessman does not mince his words concerning in particular NFTs and cryptocurrencies, qualifying that they are based “on the theory of the biggest fool” and that they are worth nothing. On this Wednesday, July 13, 2022, Bill Gates did not pour out on Bitcoin or other digital currencies, but rather about the current state of the world and the direction it will take.

Bill Gates says he is optimistic about the future, despite the crises

Several major global setbacks in recent years have discouraged many who wonder if the world is destined to get worse,” he writes in the preamble on the social network. He mentions in particular the pandemic and the war in Ukrainewhich he describes as “gigantic tragedy for the whole world”, without forgetting the damage caused by global warming.

Bill Gates also mentions the case of the United States, which has just made a “huge step backwards for gender equality and women’s health”, in reference to the ban on abortion established in several states.

Also Read: Twitter – Bill Gates Says Elon Musk Takeover “Could Be Worse”

bill gates fortune donations
Credits: Bill Gates via Twitter

Ex-Microsoft CEO wants to donate his entire fortune to his foundation

Despite everything, the billionaire says to himself “optimistic” and ensures that it is possible to mitigate the damage. He takes advantage of this in particular to discuss the actions of his Bill & Melinda Gates Foundation, created in 2000 with his ex-wife. To meet the challenges facing the world, the former CEO of Microsoft announces that by 2026, the Gates Foundation will increase spending by $9 billion a year (with an increase in expenditure of 6 billion/year from 2022).

He also announces the payment this month of 20 billion dollars to the foundation coming directly from his personal fortune. But that’s not all. In effect, Bill Gates concluded his Twitter thread with a shock announcement : “For the future, I plan to donate almost all of my fortune to the foundation. I will go down and eventually disappear from the list of the richest people in the world. I have an obligation to return my resources to society in a way that I have the greatest impact possible to reduce suffering and improve lives. And I hope others in positions of great wealth and privilege will also step into this moment.” Will Elon Musk, Jeff Bezos and other billionaires answer the call? Nothing is less sure.



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