@BillGates plans to wind down the Bill & Melinda Gates Foundation by December 31, 2045.

🗓️ Foundation Closure by 2045

This accelerates the original plan, which was to close the foundation two decades after both Gates and his ex-wife, Melinda French Gates, had passed away. The decision aligns with the foundation’s 25th anniversary and reflects Gates’ commitment to addressing urgent global challenges during his lifetime.

💰 Focus Areas for the $200 Billion Donation

The foundation aims to allocate the $200 billion towards:

•Global Health: Eradicating diseases like polio and malaria.

•Poverty Alleviation: Reducing global poverty through various initiatives.

•Child and Maternal Health: Decreasing preventable deaths among women and children.

•Education: Improving access to quality education worldwide.

The foundation plans to increase its annual spending to $9–10 billion to achieve these goals.

⚠️ Criticism of Global Aid Cuts

Gates expressed concern over significant cuts to global health funding by wealthy governments, including the U.S. and U.K. He warned that these reductions could reverse decades of progress in combating diseases and reducing child mortality.

🤝 Call to Action for Fellow #Billionaires

Emphasizing the importance of philanthropy, Gates urged other billionaires to increase their charitable contributions. He highlighted the role of innovation and technology, including AI, in advancing global health and equity.