Bill Gates donated his $35.8 billion to the Bill and Melinda Gates Foundation World's Biggest Charitable Trust The Foundation Center: Top 100 US Foundations by asset size Gates Foundation ranked number one.
Organization | Amount ($ millions) |
---|---|
World Health Organization | 1,535.1 |
The Global Fund to Fight AIDS, Tuberculosis and Malaria | 777.6 |
PATH | 635.2 |
United States Fund for UNICEF | 461.1 |
Feb 08, 2022 · How much money does Bill Gates donate? 6. Gates remains the fourth-richest person in the world even after giving away at least $41 billion to charity over the years. How much funding does Bill Gates give to who? One of those is the Gates Foundation, ...
The Americans who gave the most to charity in 2021RankDonor or donorsAmount in millions1Bill Gates and Melinda French Gates$15,000 $15,0002Michael Bloomberg$1,660 $1,6603William Ackman and Neri Oxman$1,200 $1,2004Mark Zuckerberg and Priscilla Chan$1,049 $1,0496 more rows•Feb 8, 2022
The Gates foundation was also a founding partner of Gavi, the Vaccine Alliance, created in 2000 to improve immunisation access in poor countries. It has donated more than $4bn to Gavi, which is currently the key player in distributing Covid vaccines in developing countries.May 4, 2021
Bill and Melinda Gates give 95% of wealth to charity.
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.
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
Jeff BezosGiving by the fifty biggest donors in the United States totaled $24.7 billion in 2020, with Jeff Bezos topping the list, the Chronicle of Philanthropy reports.
United StatesMost Charitable Countries 2022CountryOverall RankDonationsUnited States161.00%New Zealand365.00%Ireland569.00%Australia468.00%56 more rows
Greatest philanthropists by amount of USDNameAmount givenBill Gates$35.8 billionWarren Buffett$34 billionGeorge Soros$32 billionAzim Premji$21 billion17 more rows
Jennifer Katharine GatesPhoebe Adele GatesBill Gates/Daughters
The Foundation Trust holds the endowment, including the annual installments of Warren Buffett's gift, and funds the foundation. Bill and Melinda are the trustees for the Foundation Trust, and the endowment is managed, as it has been for almost three decades, by a team of outside investment managers.
Gates's donation was the largest charitable donation of 2017, and the philanthropist's largest since 2000, when he donated over $5 billion to his foundation. Overall, Bill and his wife Melinda Gates have donated more than $35 billion to charity since 1994, according to Bloomberg.
Gates. Mr. Gates's personal stake in Microsoft, as high as 45% when he took it public in 1986, was down to 1.3% by 2019, according to securities filings, a stake that would currently be worth about $25 billion.
In 2019, the couple donated $589 million to charity, making them the seventh most philanthropic people last year.
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.
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.
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.
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.
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.
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.
According to Reuters, Buffet is a large source of income for the foundation and has donated more than $29 billion since 2006.
Bill and Melinda Gates gave away most their wealth. Bill and Melinda Gates — along with Warren Buffet — created the Giving Pledge in 2010 which urged billionaires to donate mass sums of wealth to charitable organizations, as covered by CNBC.
With a net worth of more than $90 billion, Microsoft co-founder Bill Gates is the second richest person in the world, behind only Amazon founder Jeff Bezos, according to Forbes. He has so much money, in fact, that it has become a full-time job for him, his wife, Melinda, and 1,500 employees of the Bill and Melinda Gates Foundation ...
In the letter, the Gates acknowledge the extreme wealth inequality their fortune represents. “No, it’s not fair that we have so much wealth when billions of others have so little,” says Melinda. “And it’s not fair that our wealth opens doors that are closed to most people.”
Gates Foundation". In 2000, Gates and his wife combined three family foundations and Gates donated stock valued at $5 billion to create the charitable Bill & Melinda Gates Foundation , which was identified by the Funds for NGOs company in 2013, as the world's wealthiest charitable foundation, with assets reportedly valued at more than $34.6 billion. The foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust. Gates, through his foundation, also donated $20 million to Carnegie Mellon University for a new building to be named Gates Center for Computer Science which opened in 2009.
Gates led the company as chairman and CEO until stepping down as CEO in January 2000, succeeded by Steve Ballmer, but he remained chairman of the board of directors and became chief software architect. During the late 1990s, he was criticized for his business tactics, which have been considered anti-competitive.
In March 2020, Gates left his board positions at Microsoft and Berkshire Hathaway to focus on his philanthropic efforts including climate change, global health and development, and education. Since 1987, Bill Gates has been included in the Forbes list of the world's wealthiest people.
Gates has a multi-billion dollar investment portfolio with stake in various sectors and has participated in several entrepreneurial ventures beyond Microsoft, including: AutoNation, automotive retailer that Gates has a 16% stake in trading on the NYSE. bgC3 LLC, a think-tank and research company founded by Gates.
As of May 2021, Gates had an estimated net worth of US$144 billion, making him the fourth-richest person in the world.
Bill Gates was born in Seattle, Washington, on October 28, 1955. He is the son of William H. Gates Sr. (1925–2020) and Mary Maxwell Gates (1929–1994). His ancestry includes English, German, and Irish/Scots-Irish. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way of America. Gates's maternal grandfather was J. W. Maxwell, a national bank president. Gates has an older sister Kristi (Kristianne) and a younger sister Libby. He is the fourth of his name in his family but is known as William Gates III or "Trey" (i.e., three) because his father had the "II" suffix. The family lived in the Sand Point area of Seattle in a home that was damaged by a rare tornado when Gates was seven years old.
The criticism came due to the possibility of this preventing poorer nations from obtaining adequate vaccines. Tara Van Ho of the University of Essex stated, "Gates speaks as if all the lives being lost in India are inevitable but eventually the West will help when in reality the US & UK are holding their feet on the neck of developing states by refusing to break [intellectual property rights] protections. It's disgusting."
The couple started the Bill and Melinda Gates Foundation, the largest transparently operated private foundation in the world. Top Picks In Shopping.
Actually, Bill Gates, 60, and his wife, Melinda, 52, are encouraging their three children to go to college and they'll pay for it, but then they want them to get jobs and have careers. The Gates have no plans to leave their fortune of some $78 billion to their brood. No billion-dollar trust funds for these kids.
The Microsoft founder explained his reasoning for leaving his money to charity instead of his three children, Jennifer, 20, Rory, 17, and Phoebe, 14, on "This Morning" on Wednesday. "'It's not a favor to kids to have them have huge sums of wealth," he said.
6 of 11. 7 of 11 Bill Gates, co-founder of Microsoft spoke during an announcement of the new Chan-Zuckerberg initiative to fund disease-prevention research, at the Rutter center at UCSF, in San Francisco, California, on Wednesday, Sept. 21, 2016. Gabrielle Lurie/The Chronicle Show More Show Less. 8 of 11 Bill Gates, co-founder ...