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https://www.cnbc.com/2025/05/08/bill-gates-to-close-foundation-give-away-rest-of-wealth-by-2045.html
Bill Gates plans to give away nearly all of his personal wealth and shutter the Gates Foundation within 20 years, the billionaire announced in a blog post on Thursday.
“People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them,” wrote Gates, 69. “There are too many urgent problems to solve for me to hold onto resources that could be used to help people.”
The Microsoft co-founder, whose net worth Bloomberg currently estimates at $168 billion, has pledged for years to give away most of his wealth to his philanthropic foundation. His eventual goal is to drop “off of the list of the world’s richest people,” he wrote in a social media post in July 2022.
Now, Gates has set a specific timeline for disbursing his fortune: The Gates Foundation is set to close its doors on December 31, 2045. Since the Foundation’s launch in 2000, it has contributed more than $100 billion to global causes — particularly working to eradicate diseases and poverty, address climate change and expand access to healthcare and education.
Bill Gates plans to give away nearly all of his personal wealth and shutter the Gates Foundation within 20 years, the billionaire announced in a blog post on Thursday.
“People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them,” wrote Gates, 69. “There are too many urgent problems to solve for me to hold onto resources that could be used to help people.”
The Microsoft co-founder, whose net worth Bloomberg currently estimates at $168 billion, has pledged for years to give away most of his wealth to his philanthropic foundation. His eventual goal is to drop “off of the list of the world’s richest people,” he wrote in a social media post in July 2022.
Now, Gates has set a specific timeline for disbursing his fortune: The Gates Foundation is set to close its doors on December 31, 2045. Since the Foundation’s launch in 2000, it has contributed more than $100 billion to global causes — particularly working to eradicate diseases and poverty, address climate change and expand access to healthcare and education.
