how much does bill gates donate to charity

by Nat Zboncak 5 min read

The Americans who gave the most to charity in 2021
RankDonor or donorsAmount in millions
1Bill Gates and Melinda French Gates$15,000 $15,000
2Michael Bloomberg$1,660 $1,660
3William Ackman and Neri Oxman$1,200 $1,200
4Mark Zuckerberg and Priscilla Chan$1,049 $1,049
6 more rows
Feb 8, 2022

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May 07, 2021 · Between 1994 and 2018, they made an estimated $36 billion worth of donations to their foundation, as reported on their website (via BBC). Those astronomical sums are just what the Gates pledged ...

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When did Bill Gates start the Gates Foundation?

Responding to the expectations of the public and living up to them, Bill Gates – along with his wife Melinda – founded America’s largest transparent philanthropic trust, The Bill & Melinda Gates Foundation, in 2000. Since then, the trust has made donations totalling $28 billion.

What is the GAVI campaign?

The GAVI Campaign aims to develop vaccines, deliver and administer them to children in underdeveloped countries. The donation, which is third in the list of Bill Gates’ 12 biggest donations, has contributed to the GAVI Campaign’s mission to help children fight deadly viruses and other waterborne diseases.

What is the goal of GPEI?

The goal of GPEI is to see a polio-free world. WHO has already immunised 2.5 billion children worldwide. Under its global development programme, the Bill & Melinda Gates Foundation pledged $375,000,000 to The GAVI Campaign, located in Washington DC.

Is Bill Gates the richest person in the world?

Although Bill Gates is no longer the wealthiest person in the world, he is the richest in the hearts of millions who are now leading a life filled with hope, thanks to his Bill & Melinda Gates Foundation.

How much money has Bill Gates donated to charity?

In 2019, the couple donated $589 million to charity, making them the seventh most philanthropic people last year.

How does Bill Gates manage his wealth?

Like many high net-worth individuals, Gates manages his wealth through an investment and holding company known as Cascade Investment LLC. The company maintains a diverse portfolio of investments and assets that account for more than half of Gates’ wealth.

How much is Bill Gates worth in 2020?

As of June 2020, Gates’ net worth was estimated at roughly than $110 billion, according to Forbes. More: Bill Gates is not secretly plotting microchips in a coronavirus vaccine. Misinformation and conspiracy theories are dangerous for everyone.

When did Bill Gates step down?

Gates stepped down as Microsoft CEO in January 2000, shifting his attention to philanthropy and other assorted projects. In March 2020, Gates stepped down from Microsoft’s board, though he maintains about 1.3% of shares in the company.

Who is Bill Gates?

Bill Gates, philanthropist. Bill Gates, who has been one of the wealthiest men in the world for decades, made his fortune as the co-founder of Microsoft. The company, which was a key player in the personal computer revolution in the 1990s, eventually became a corporate behemoth, and Gates became a household name as a tech titan and business magnate.

Who is the founder of the Giving Pledge?

In 2010, Bill and Melinda Gates, alongside billionaire investor Warren Buffett, founded the “Giving Pledge,” a movement encouraging other billionaires to donate most of their wealth to charity either during their lifetimes or after their deaths. The voluntary group now includes more than 200 families and individuals from more than 20 countries.

Who is the second richest man in the world?

From 2000 to 2007, Bill Gates was the richest man in the world, and rotated that title with Buffett and Mexican telecommunications tycoon Carlos Slim from 2008 to 2013. In 2018, Gates lost the title to Amazon founder Jeff Bezos. Gates remains the second-richest man in the world, according to Forbes.

How much money has Bill Gates donated?

Bill and Melinda Gates have donated about $50 billion to charitable causes since 1994. In 2019 alone they donated $589 million. That was good enough to make them the seventh most charitable people of 2019.

How much is Bill Gates worth?

As one of the founders of Microsoft, he helped usher in the age of the personal computer. For this, he has a net worth of $125 billion. He's a dedicated philanthropist who uses his money to make the world a better place through his Bill and Melinda Gates Foundation.

What is Bill Gates' goal?

The primary goal of the Bill and Melinda Gates Foundation is to combat global poverty. Bill and Melinda Gates are just accumulating money faster than they give it away. In 2010, when the Giving Pledge was founded, Gates was worth $54 billion. Today, he's worth $125 billion. That is an astounding rate of growth for his fortune.

Who is the richest man in the world?

By Amy Lamare on September 16, 2020 in Articles › Billionaire News. Bill Gates is one of the richest men in the world. As one of the founders of Microsoft, he helped usher in the age of the personal computer. For this, he has a net worth of $125 billion. He's a dedicated philanthropist who uses his money to make the world a better place ...

How much money has Bill Gates donated to the world?

53. The Gates Foundation donated $32.5 million to the World Cocoa Foundation.

When was the Bill and Melinda Gates Foundation founded?

Bill and Melinda Gates Foundation. 1. Bill and Melinda Gates founded the Bill and Melinda Gates Foundation in 2000. (Source: Word Atlas) Bill Gates’ charity work dates from earlier than that, however. 2. In 1994, the foundation was first founded under the name William H. Gates Foundation.

What is the largest private foundation in the world?

The Bill and Melinda Gates Foundation is the world’s largest private foundation. (Source: Word Atlas) It holds $46.8 billion in assets – around half of Bill Gates’ net worth. 5. The main fields of work of the foundation are healthcare, poverty reduction, and expanding and information technology opportunities.

Who is Bill Gates' wife?

Bill Gates, other than his decades-long, successful career as co-founder of Microsoft, is well-known for his long-term involvement in charity together with his wife, Melinda.

When rich philanthropists band together, good can result?

The partnership’s aim was to ascertain how much progress had been made for women and girls around the world since the 1995 Fourth UN World Conference on Women in Beijing.

Why was $100,000 given to 11 applicants?

$100,000 was given to 11 applicants so they could produce a better condom, one that “significantly preserves or enhances pleasure, in order to improve uptake and regular use”. Just another project for the largest private foundation in the world.

Who is the CEO of Gates Foundation?

Based in Seattle, Washington, the foundation is led by CEO Mark Suzman, under the direction of Bill Gates, Melinda French Gates, and Warren Buffett.

What is the Bill and Melinda Gates Foundation?

Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people's health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure ...

How much money has Bill Gates given to charity?

While this is somewhat hyperbole, the fact is that Gates has given more than $50 billion to charity since 1994. The amazing thing is, his wealth has grown at an even faster pace than he's given it away. Gates, of course, made his fortune as the co-founder of Microsoft.

How much is Bill Gates worth?

Today, he's been surpassed by Amazon's Jeff Bezos and Elon Musk is nipping at his heels, but Gates is still worth a staggering $125 billion. This year, the Giving Pledge turns 10.

What is the Giving Pledge?

The Giving Pledge encourages the world's billionaires to donate the majority of their wealth to philanthropy in their lifetimes. We thought it would be interesting to take a look at not just his history of giving, but also how much he'd be worth today if he had never donated a single dollar to charity. Sadly, lately, Bill Gates has been the target ...

When did Bill Gates step down?

In the process, Gates became a millionaire, then a billionaire, and a household name. Gates stepped down as CEO of Microsoft at the beginning of 2000 and turned his attention to his Bill and Melinda Gates Foundation, his vehicle for charitable giving. In March of this year, Gates stepped down from the board of Microsoft.

Who is the richest person in the world in 2020?

By Amy Lamare on September 11, 2020 in Articles › Billionaire News. Bill Gates is one of the richest people in the world. In fact, for many many, many, many, many years (you get the idea), he was THE richest man in the world. Today, he's been surpassed by Amazon's Jeff Bezos and Elon Musk is nipping at his heels, ...

Who founded the Giving Pledge?

Ten years ago, Bill and Melinda Gates and Warren Buffett founded the Giving Pledge. Today, there are more than 200 billionaires from across the globe that have pledged to give away most of their fortunes to charity.

Who is the second wealthiest person in the world?

That was good enough to make them the seventh-most charitable people of 2019. In 2020, just since the start of the coronavirus pandemic, Bill and Melinda Gates have pledged billions towards the effort to fight the virus and develop a viable vaccine. Gates is the second-wealthiest man in the world. If he had never donated a dollar ...

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United Negro College Fund, Inc – $1,525,380,950

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The highest donation by the Bill & Melinda Gates Foundation so far is $1,525,380,950. Covering a term of 244 months, the Bill & Melinda Gates Foundation formed the Gates Millennium Scholar Programme in 1999, administered by the United Negro College Fund, Inc. This huge grant aims to provi…
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Gavi Alliance – $957,000,000

  • The Bill & Melinda Gates Foundation gives due consideration in granting funds to organisations engaged in developing vaccines. The foundation, as a part of its global development programme, granted a hefty sum of $957,000,000 to GAVI Alliance based in Geneva. Covering a term of 74 months starting in 2011, GAVI continues to work towards providing general support for meeting …
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The Rotary Foundation of Rotary International – $755,210,000

  • The Bill & Melinda Gates Foundation granted $755,210,000 to the Rotary Foundation of Rotary International in 2007. Covering a term of 147 months, the donation aims to support global polio eradication activities under The Rotary Foundation’s Polio Plus Programme. Briefing the media about the programme, co-founder of Bill & Melinda Gates Foundation, Bill Gates, said: “The extra…
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The Gavi Campaign – $750,000,000

  • The Bill & Melinda Gates Foundation granted $750,000,000 to The GAVI Campaign in 1999 under its global development programme. Covering a period of six months, The GAVI Campaign used the amount released by the foundation to support the immunisation of children in as many as 74 countries. The GAVI Campaign aims to develop vaccines, deliver and administer them to childre…
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Global Fund to Fight Aids, Tuberculosis and Malaria – $750,000,000

  • Under its advocacy programme, the Bill & Melinda Gates Foundation granted $750,000,000 to the Global Fund to fight Acquired Immuno Deficiency Syndrome (AIDS), Tuberculosis (TB) and Malaria in 2011. Covering 229 months, the donation to the Global Fund aims to help work towards providing financial support to all countries in diagnosing, treating and educating the society at la…
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World Health Organization (WHO) – $682,305,429

  • The Bill & Melinda Gates Foundation pledged an amount of $682,305,429 to the World Health Organization (WHO) for its Global Polio Eradication Initiative (GPEI). Granted in 2008, the grant sanctioned was focused in intensifying the eradication initiative, particularly in the regions of Africa and Asia. The donation by Bill Gates has become part of an $8.2 billion international inves…
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The Gavi Campaign – $375,000,000

  • Under its global development programme, the Bill & Melinda Gates Foundation pledged $375,000,000 to The GAVI Campaign, located in Washington DC. After The GAVI Campaign applied to the Bill & Melinda Gates Foundation for funding for general operating support for vaccine delivery, Bill Gates sanctioned the amount in 2005. Covering a period of 120 months, th…
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UNICEF Headquarters – $299,763,679

  • The Bill & Melinda Gates Foundation granted $299,763,679 to UNICEF Headquarters, located in New York, in July 2008, making it one of the 12 biggest Bill Gates’ donations. The programme covered a period of 78 months and focused on serving the regions of Africa and Asia. UNICEF utilised this fund to support polio eradication with an emphasis on enhanced communication. In …
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Global Fund to Fight Aids, Tuberculosis and Malaria – $500,000,000

  • Before pledging a huge amount of $750,000,000 to the same organization in 2011, Bill & Melinda Gates Foundation granted a sum of $500,000,000 to Global Fund to Fight AIDS, Tuberculosis and Malaria in 2006. Covering a period of 43 months, the donation was sanctioned under the advocacy and global programme. Its main purpose was to address the concern of fast-spreadin…
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Gavi Alliance – $375,000,000

  • The Bill & Melinda Gates Foundation granted a sum of $375,000,000 to GAVI Alliance in December 2009. GAVI Alliance is utilising this fund for general operating for their strategic goal vaccine delivery. The programme covers a period of 61 months, starting from 10 December 2009 to 01 January 2015. The grantee’s main purpose for starting GAVI Alliance was to increase the immun…
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