Bloomberg Talks Bill Gates Talks Charity Vows to Give Away 99% of His Fortune by 2045
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May 8, 2025 
Bill Gates, founder of The Gates Foundation, shares his ambitious plan to donate $200 billion over the next 20 years, aiming to shut the foundation down by 2045. He discusses the crucial role of philanthropy in battling global health issues like malaria and polio, emphasizing the urgent need for sustained funding despite dwindling government support. Gates also dives into the intersecting challenges of clean energy initiatives and the impact of economic uncertainties on nonprofits, advocating for a collaborative approach to address global inequalities.
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Gates Foundation's 20-Year Plan
- The Gates Foundation will give away $200 billion over 20 years and then close in 2045.
- Bill Gates believes this focused timeline speeds progress and impact in global health.
Accelerate Giving for Impact
- Give as much resources as possible now to finish major health challenges like malaria and polio.
- Accelerating efforts ensures progress occurs within a generation's lifetime.
U.S. Aid's Critical Role in Health
- U.S. global health aid is less than 1% of the budget but crucial for saving lives and stability.
- Cuts driven by political decisions have increased childhood deaths and threaten pandemic prevention.