Bill Gates makes R61-billion donation

I told Jeff Bezos he shouldn't fret over being overtaken by Gates as world's richest after only a day on top. Everyone knew Bill would give a s**t ton to charity and place him back on top.
 
Where does the money go to?

No idea, I mean donating to countries is a waste of time as people will find a way to steal it

https://www.gatesfoundation.org/

The Bill & Melinda Gates Foundation is committed to ensuring that all students in the United States have the opportunity to receive a high-quality education. We have two programs that work in concert toward this goal. Our K-12 Education program aims to ensure that all students graduate from high school prepared to succeed in college, and our Postsecondary Success program aims to dramatically increase the number of young people who obtain a postsecondary degree or certificate with labor-market value. Areas of intersection include practical approaches and policy strategies to better align K-12 standards with expectations in college-level courses.

We invest in proven approaches to improving nutrition, such as focusing on the 1,000-day window, immediate and exclusive breastfeeding, complementary feeding, and food fortification and supplementation. We also explore new approaches, such as improving nutrition for women and adolescent girls, increasing advocacy and technical assistance, improving data systems, and strengthening food systems.

Our long-term goals are to prevent 1.8 million malnutrition-related deaths by 2020 and to develop and test new solutions to address the burden of malnutrition that cannot be alleviated using existing interventions.

We work closely with governments, the United Nations, bilateral agencies, nongovernmental organizations, and the private sector, and we collaborate with other teams within the foundation—from Agricultural Development to Discovery & Translational Sciences—to broaden our collective learning and impact.

The Bill & Melinda Gates Foundation’s Maternal, Newborn & Child Health program works to expand coverage of high-impact interventions to ensure that women and newborns survive and stay healthy during childbirth and beyond. We invest in efforts to adapt and develop innovative tools, technologies, and treatments; improve the quality of healthcare services and practices and the interactions between health workers and families; and advocate for national and global policies that benefit maternal, newborn, and child survival and health.

We work closely with governments, United Nations and bilateral agencies, nongovernmental organizations, and the private sector, and we collaborate with other programs at the foundation in areas such as discovery, integrated delivery, nutrition, family planning, childhood infectious diseases, policy and advocacy, and communications.

We support research across discovery, development, and implementation sciences in many parts of the world that can lead to better ways to save the lives of women and newborns and improve their health.

Our efforts to achieve impact on a broad scale are currently focused in Ethiopia, northern Nigeria, and the Indian states of Bihar and Uttar Pradesh. These areas account for a significant portion of the world’s maternal and newborn deaths.

The work of the Bill & Melinda Gates Foundation spans the globe, but we have a deep commitment to improving the lives of families and children in Washington State, where the Gates family has lived for generations and the foundation makes its permanent home.

We have invested more than $1 billion to ensure a quality education for all children, reduce family homelessness, and support the most vulnerable families in our state.

Our strategy is built on partnerships with the public, private, and nonprofit sectors—including the regional and local philanthropic community—so that together we can create pathways to opportunity for all children and families in Washington.
 
Where does the money go to?

The money goes into a foundation, but remains his property (i.e. he does not actually give it away). The point of the foundation is that growth in the investments is not taxed. The proviso is that some of this must go to charitable works, but it is still less than the tax he would pay otherwise.
 
I told Jeff Bezos he shouldn't fret over being overtaken by Gates as world's richest after only a day on top. Everyone knew Bill would give a s**t ton to charity and place him back on top.

:DExcept the donation was before June, so overtaken after the $4,6 Billion. I like how you & Jeff are on that level of communicating, did you call or text him?
 
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