who does bill gates donate his money to

by Dr. Nasir Hills 3 min read

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.

Funds for grants in developing countries
OrganizationAmount ($ millions)
World Health Organization1,535.1
The Global Fund to Fight AIDS, Tuberculosis and Malaria777.6
PATH635.2
United States Fund for UNICEF461.1
26 more rows

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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, ...

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Who does Bill Gates give money to?

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

What has Bill Gates donated money to?

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

What percentage of Bill Gates money goes to charity?

Bill and Melinda Gates give 95% of wealth to charity.

What charity has Bill Gates done?

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.

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

Who donated the most money to charity in 2020?

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.

Who gives the most charity?

United StatesMost Charitable Countries 2022CountryOverall RankDonationsUnited States161.00%New Zealand365.00%Ireland569.00%Australia468.00%56 more rows

Who gave the most to charity?

Greatest philanthropists by amount of USDNameAmount givenBill Gates$35.8 billionWarren Buffett$34 billionGeorge Soros$32 billionAzim Premji$21 billion17 more rows

Who is the daughter of Bill Gates?

Jennifer Katharine GatesPhoebe Adele GatesBill Gates/Daughters

Who Funds Bill and Melinda Gates Foundation?

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.

Does Bill Gates donate money?

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.

How much Microsoft Does Bill Gates Own?

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.

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 did Warren Buffet give to the foundation?

According to Reuters, Buffet is a large source of income for the foundation and has donated more than $29 billion since 2006.

Who gave away the most of their wealth?

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.

How much is Bill Gates worth?

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 ...

What does Bill Gates say about inequality?

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.”

Who is Bill Gates's foundation?

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.

Who succeeded Bill Gates?

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.

Why did Bill Gates leave Microsoft?

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.

What is Bill Gates' investment portfolio?

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.

How much is Bill Gates worth in 2021?

As of May 2021, Gates had an estimated net worth of US$144 billion, making him the fourth-richest person in the world.

Where is Bill Gates from?

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.

Why was Bill Gates criticized for his comments?

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."

What is Bill Gates's foundation?

The couple started the Bill and Melinda Gates Foundation, the largest transparently operated private foundation in the world. Top Picks In Shopping.

How many kids does Bill Gates have?

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.

How many kids does Microsoft have?

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.

Who is the co-founder of Microsoft?

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 ...

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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 m…
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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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