bill gates donations: Bill Gates Net Worth Fall: How did Microsoft co-founder lost 51 billion dollars? Here’s his new global billionaire ranking and unique pledge
Bill Gates Net Value Declamation: Why is it losing money?
According to the Bloomberg billionaire index, Bill Gates’ net value fell from $ 175 billion to $ 124 billion between July 3 and Thursday. The decline was recorded for only a few days. Bloomberg also updated Gates’s appreciation to reflect the last philanthropy.
As of Saturday, Gates’ estimated fortune fell to $ 123 billion again. This new figure put him in the 12th place in the global billionaire.
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Who is the top in the global billionaire ranking?
Gates is now lower than his old Microsoft colleague Steve Ballmer. Ballmer Los Angeles Clippers is the owner of $ 173 billion. It ranks fifth on the global list.
Elon Musk is on top of the billionaire index. According to Bloomberg, the net value of Tesla and SpaceX’s founder is $ 360 billion.
Bill Gates unique pledge
Gates committed to giving 99% of his reserve in 20 years. Bill and Melinda plans to close the Gates Foundation by December 31, 2045. In a blog post on May 8, Gates said he did not want to be remembered as a rich died. He wrote that there were many urgent problems in the world. He believes that resources should be used to help unstopped people.
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Why does Bill Gates donate money?
Gates was inspired by the effects of the foundation’s efforts to distribute vaccines in developing countries. Vaccines are still aimed at diseases such as diarrhea and pneumonia, which still cause many deaths.
However, he also admitted that the global progress in humanitarian aid has slowed down. Gates, especially Ukraine and Israel, due to conflicts in the United States and Europe, said the decrease in foreign aid.
Gates Foundation Background
The Gates Foundation was founded in 2000 by Bill Gates and his ex -wife Melinda. Since its creation, the foundation has donated over $ 100 billion. It is one of the biggest philanthropists in the world.
The foundation aims to continue their work long after the deaths of its founders. Gates did not change its position in its donations even with its falling net value.
FAQ
Why did Bill Gates lose $ 51 billion?
Bill Gates lost $ 51 billion, because by 2045, 99% of his reserves increased his philanthropy as part of the planning plan.
What is the sum of donations of the Gates Foundation so far?
The Gates Foundation has donated over $ 100 billion since its establishment by Bill and Melinda Gates in 2000.
