“I don’t want to die rich.” 💬 That’s Bill Gates’s clear message as he pledges to donate nearly his entire fortune—99%—over the next two decades. On the 25th anniversary of the Gates Foundation, he announced the organization will allocate over $200 billion toward global health and poverty reduction, then close by December 31, 2045 .
👉 Why the urgency?
He says the pace of global progress—from halving child mortality to breakthroughs in vaccines—creates a once-in-a-generation opportunity. By accelerating spending, he hopes to “put the world on a path to ending preventable deaths and lifting millions out of poverty”.
🎯 Impact track record so far
• Since 2000, the foundation’s initiatives (like Gavi and the Global Fund) have helped save an estimated 82 million lives from diseases such as polio, AIDS, TB, and malaria.
• Over its first 25 years, it donated $100 billion; now plans to match that over the next 20 years, totaling $200 billion.
🌍 Where the money will go
According to recent statements, a large share is earmarked for Africa, with a focus on:
1. Strengthening primary healthcare systems
2. Expanding quality education
3. Fueling health innovation (e.g., AI-driven diagnostics and vaccines).
⚠️ Warning on aid cuts
Gates strongly criticized Elon Musk and the Trump-era budget cuts to USAID, saying they “threaten millions of probably irreversible deaths among the world’s poorest children.” He insists that government aid must be restored—philanthropy alone won’t suffice.