Bill Gates donates $20 billion!!!
Microsoft's co-founder and one of the world's biggest philanthropists, bill gates, has pledged a massive $ 20 billion to cover the losses caused by the devastating COVID-19 pandemic. bill gates 20 Billion Dollar Donation has been announced. This amount will be donated to his foundation which will later be distributed for infrastructure development of hospitals, climate change victims and agricultural development.
Giving twitter information, he said that "As I look to the future, I plan to give almost all of my wealth to the Foundation. I will go down and eventually be out of the list of the world's richest people." He said, "I have an obligation to return my resources to the society in a way that has the greatest impact on reducing suffering and improving life. I hope that the rest of the rich people of the world will also come forward in this work."
What is the planning of Gates Foundation?
Meanwhile, a blog shared on the official website mentioned the latest announcement, which will be paired with a $3.1 billion gift announced last month by longtime board member Berkshire Hathaway CEO Warren Buffett. With the latest addition of funds, this brings the Bill & Melinda Gates Foundation to nearly $70 billion. Earlier, the Gates Foundation said it would increase its annual budget by 50 percent to pre-pandemic levels by 2026, hoping to improve the quality of education and reduce poverty.
According to bill gates, despite the massive global setbacks over the years, he sees incredible valor and sacrifice all over the world and believes that progress is still possible. “But the great crises of our times require all of us to do more… I hope that by giving more, we can help some of the victims this time and everyone stay healthy. It is noteworthy that the Gates Foundation is one of the largest philanthropic organizations in the world, with a fund of more than $ 50 billion. Since the start of the COVID-19 pandemic, the foundation has developed a COVID vaccine, according to a CNN report. A huge amount is spent on the purchase.
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