-7.8 C
Ottawa
Wednesday, February 4, 2026

Bill Gates Says Most of His $200 Billion Fortune Will Go to Africa

Date:

The Gates Foundation plans to deepen partnerships with African governments on health and innovation—including vaccines—before sunsetting in 2045.

Bill Gates said Monday that Africa will receive the lion’s share of the $200 billion that his charitable foundation plans to distribute over the next two decades, with the announcement shedding fresh light on the philanthropic goals of one of the world’s wealthiest men, who last month said he would give away the vast majority of his fortune.

“I recently made a commitment that my wealth will be given away over the next 20 years. The majority of that funding will be spent on helping you address challenges here in Africa,” Gates said in a speech at the African Union (AU) headquarters in Addis Ababa, the capital of Ethiopia, according to a statement from the Gates Foundation.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Rubio Hosts Critical Minerals Summit as US Pushes to Secure Commodities Outside of China

An aide wipes clean a video screen ahead of...

Walmart Market Cap Hits $1 Trillion

Walmart shoppers in Irvine, Calif., on Dec. 22, 2020....

Australian Government Unveils Cheap Loans for Hyundai, Kia EV Buyers

The Clean Energy Finance Corporation will commit up to...

US Military Says It Deployed Team to Nigeria

The U.S. military conducts coordinated airstrikes against ISIS members...