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3mo ago

Bill Gates to Distribute $200 Billion and Close Foundation by 2045

Gates accelerates philanthropic efforts in response to U.S. aid cuts, sharply criticizing Elon Musk for the impact on global child mortality.

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Bill Gates erhebt schwere Vorwürfe gegen Elon Musk.
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Overview

  • Bill Gates announced plans to spend $200 billion through the Gates Foundation over the next 20 years, with the foundation set to dissolve by December 31, 2045.
  • The accelerated disbursement was approved by the foundation’s board, doubling its previous 25-year spending to address global health and poverty challenges.
  • Gates cited the Trump administration's cuts to USAID, led by Elon Musk, as a key motivator for his decision, warning of a rise in preventable child deaths from five to six million annually.
  • The foundation will focus on reducing maternal and child mortality, eradicating infectious diseases like polio and malaria, and alleviating poverty worldwide.
  • Gates condemned Musk's role in the aid cuts, linking them to halted programs in Gaza and Mozambique, while Musk dismissed the accusations, calling Gates a 'liar.'