Particle.news

Download on the App Store

Bill Gates Accelerates Philanthropy, Pledges $200 Billion and Foundation Closure by 2045

The Microsoft co-founder commits to giving away 99% of his wealth over the next 20 years while criticizing global aid cuts and urging other billionaires to act faster.

Image
Image
Image
Microsoft co-founder Bill Gates during a meeting with Indonesian President Prabowo Subianto at Merdeka Palace in Jakarta, Indonesia, Wednesday, May 7, 2025.

Overview

  • Bill Gates announced plans to donate $200 billion through the Gates Foundation by 2045, accelerating its wind-down timeline to December 31, 2045.
  • The foundation, which has already disbursed $100 billion since 2000, will focus on maternal and infant health, eradicating infectious diseases, and alleviating poverty.
  • Gates sharply criticized Elon Musk for overseeing U.S. aid cuts, accusing him of causing preventable deaths among the world’s poorest populations.
  • He emphasized that philanthropic efforts alone cannot replace government funding, warning that diseases like polio cannot be eradicated without U.S. support.
  • Gates called on other ultra-wealthy individuals to increase the scale and speed of their giving to address urgent global challenges.