Bill Gates Pledges 99 % of Fortune to Africa’s Health and Education
After announcing that the Gates Foundation will wind down in 2045 and that he will donate 99 percent of his wealth, Microsoft co‑founder Bill Gates has said he plans to invest almost everything in improving health and education services in Africa over the next 20 years, CE Report quotes ANSA.
Speaking in Addis Ababa, the BBC reports, the 69‑year‑old billionaire declared, “By unlocking human potential through health and education, every African country should set out on the road to prosperity.”
Gates revealed last month that he would give 99 percent of his vast fortune—expected to reach 200 billion dollars—to his foundation.
If confirmed, it would rank among the largest philanthropic gifts ever made, surpassing, after inflation, the historic donations of industrialists such as John D. Rockefeller and Andrew Carnegie. Only Berkshire Hathaway investor Warren Buffett’s pledge to donate his wealth—currently estimated by Forbes at 160 billion dollars—could prove larger, depending on stock‑market fluctuations.
