Bill Gates has declared he will dissolve the Gates Foundation by 2045, reallocating nearly all of his wealth estimated at $113.2 billion to address pressing global challenges. This shift in strategy allows for greater immediate financial impact, with an annual donation target of $9 billion, versus a projected decrease to $6 billion if aiming for long-term legacy. Gates emphasizes urgency in tackling critical humanitarian issues and states his desire to be remembered for philanthropy rather than wealth at death.
Billionaire Bill Gates aims to close the Gates Foundation within 20 years, committing to donate virtually all his wealth for global humanitarian efforts.
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