Bill Gates, the creator of Microsoft, stated that he plans to donate 99 percent of his enormous wealth over the course of the next 20 years.
Gates stated that he will expedite his charitable contributions through his foundation, which he intends to shut down by 2045.
He wrote on his blog Thursday, “When I die, people will say a lot of things about me, but I am determined that ‘he died rich’ will not be one of them.”
According to Mr. Gates, 69, his own foundation has already donated $100 billion (£75 billion) to health and development initiatives, and he anticipates spending an additional $200 billion over the next 20 years, contingent on inflation and market conditions.