NewsNigeriaPhilanthropyWorld NewsGates Foundation plans to shut down, gives away $313b in next 20 years
The Gates Foundation plans to shut down its activities entirely in 2045, but plans to give away $313 billion in the next 20 years. Bloomberg said the non-profit foundation had disbursed more than $100 billion since it was co-founded by Microsoft Founder Bill Gates and Melinda Gates in 2000; originally, the foundation was set to close 20 years after Gate’s death. According to the Bloomberg Billionaires Index, Gates is the fifth-richest person in the world with a net...