how much money does bill gates donate every year

by Melyssa DuBuque 9 min read

Last year they donated an estimated $4.78 billion. Overall, though, the Gates have given a total of $45.5 billion through their foundation and other family foundations, dating back to 1994, the Chronicle of Philanthropy notes.

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

Full Answer

What charity does Bill Gates give money to?

Feb 19, 2019 · Also, he has donated money toward a universal flu vaccine with Google Founder Larry Page. His largest donation, however, was last year. The amount was for $4.6 billion and this was in 2017. This has been the largest donation Gates has made since 2000 when he gave away close to $5 billion in shares away.

How much money has Bill Gates given away to charities?

Sep 16, 2020 · 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...

Does Bill Gates still make much money?

Jun 12, 2020 · Bill and Melinda Gates have given $45.5 billion to charitable causes, including the eponymously named Bill & Melinda Gates Foundation, since 1994, CNBC reported, citing the …

How did Bill Gates make so much money?

Originally Answered: How much money does Bill Gates give to charity every year? he dont give money he gives shares in companys that they can sell to generate money for example he has given away 45 percent of microsoft over the last 20 years in his most recent donation was 1.3 percent shares totaling about 9 billion he now only owns just 1 % of microsoft by end of this …

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May 20, 2020 · The gift, among the biggest in global philanthropy last year, helped boost the endowment of the Bill & Melinda Gates Foundation Trust to $49.8 billion as of Dec. 31, up from $46.8 billion a year...

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How much does Bill Gates actually donate?

As of 2018, Bill Gates and Melinda French Gates had donated around $36 billion to the foundation....Bill & Melinda Gates Foundation.MethodDonations, grantsKey peopleBill Gates (co-founder) Melinda French Gates (co-chair) Mark Suzman (CEO)Endowment$49.8 billion (2019)Employees1,602 (2021)13 more rows

How much did Bill Gates give to charity in 2020?

July 16, 2018: $2.6 billion. July 1, 2019: $2.7 billion. July 8, 2020: $2.2 billion.

How much money did Gates give to charity?

The foundation spent $5 billion in 2019 on programs in the United States and around the world, excluding management costs. From 1994 through 2018, Bill and Melinda Gates gave the foundation more than $36 billion, according to the foundation's website.May 3, 2021

Which billionaires give the most to charity?

Warren Buffett continued as the list's most generous giver, having parted with US$4.1 billion of Berkshire Hathaway stock in June to bring his lifetime total to US$44 billion.Oct 7, 2021

Is Bill Gates a billionaire?

Bill Gates is worth roughly $133 billion as of Jan. 13, 2021. 1 He earned the bulk of his fortune as CEO, chair, and chief software architect of Microsoft (MSFT)....Investments in Corporations.CompanyShares heldValue (January, 15, 2021)AutoNation (AN)18,431,162$74.01 per share4 more rows

Does Bill Gates donate money?

All told, these donations add up to nearly $28 billion. List of the biggest US donors of 2021, led by Bill and Melinda Gates....The Americans who gave the most to charity in 2021.RankDonor or donorsAmount in millions1Bill Gates and Melinda French Gates$15,000 $15,0009 more rows•Feb 8, 2022

How many companies does Bill Gates own?

Bill Gates own million dollar share in 24 companies and organizations, prominent of them are Berkshire Hathaway, Four Seasons Hotel and Resorts, Canadian National Railway, Caterpillar, , Waste Management, Inc., Walmart Inc., UPS and FedEx besides these companies he still holds 3.6% shares or equity rights in Microsoft, ...

How much did Bill Gates donate 2021?

Bill Gates and Melinda French Gates made the largest single donation of 2021 with a $15 billion gift to their namesake private foundation, according to the Chronicle of Philanthropy's ranking of 2021's largest donations. Two $500 million gifts tied for the No.Jan 3, 2022

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.

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 did the Philanthropy 50 give in 2017?

In 2017, the Philanthropy 50 gave $14.7 billion, according to the Chronicle. So who’s on the list? Lots of well-known billionaires, but as the Chronicle points out, “some of America’s biggest donors don’t appear” because of the Chronicle’s methodology, which doesn’t include multiyear gift installments.

How much money does Michael Bloomberg give?

Michael Bloomberg, who has a net worth of $56 billion, takes the second spot on Philanthropy 50′s ranking, giving $767 million to causes including the arts, education, environment, public-health groups and programs aimed at improving city governments worldwide. In 2017, he donated an estimated $702 million. A representative from Bloomberg Philanthropies also notes to CNBC Make It that Bloomberg’s lifetime giving to date has climbed to over $6.4 billion.

How much is Mark Zuckerberg worth?

He is currently worth $65 billion.

Who is the richest man in the world?

No. 1 on the list for 2018 is a newcomer: Jeff Bezos. In the past, Bezos, who is the richest man in the world, has been criticized for his lack of philanthropic efforts. Last year, however, Bezos gave an estimated $2 billion thanks to the launch of his Bezos Day One Fund, which supports “existing non-profits that help homeless families,” and is creating “a network of new, non-profit tier-one preschools in low-income communities,” according to its site. Bezos, who is currently worth $136 billion according to Forbes, founded the fund with MacKenzie Bezos before they announced plans to divorce. She appears alongside Bezos on the list. A representative for Bezos declined to comment to CNBC Make It.

Who is talking about the rich paying higher taxes?

As everyone from Alexandra Ocasio Cortez to Warren Buffett is talking about the rich paying higher taxes, the Chronicle of Philanthropy’s annual Philanthropy 50 list reveals how much money some of them are giving away.

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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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