Bill Gates and Melinda French Gates, the former couple, are known for their philanthropic efforts through the Bill & Melinda Gates Foundation, which is the world's largest private charitable foundation.
Their primary focus is on health and poverty alleviation. They have a combined net worth of $116.5 billion, with Bill's net worth being $110 billion and Melinda's being $6.5 billion.
Bill Gates is the co-founder of Microsoft, one of the world's largest and most successful technology companies. He played a key role in the development and growth of the personal computer industry. He has been one of the world's wealthiest people for many years and has used his wealth to make a significant impact on the world through philanthropy.
Melinda French Gates, on the other hand, is an American philanthropist and a former general manager at Microsoft. She is also the co-chair of the Bill & Melinda Gates Foundation, and has been actively involved in the foundation's efforts to improve global health and reduce poverty. She has also committed to donate $1 billion over a decade, via her company Pivotal Ventures, towards gender equality.
In 2006, Bill and Melinda co-founded The Giving Pledge with Warren Buffett, which encourages billionaires to give away the majority of their wealth to philanthropic causes. As of 2021, the couple has donated $38.4 billion to various causes over the course of their lifetime, with an increase of $5 billion from the previous year.
The Bill & Melinda Gates Foundation has had a significant impact on the world by funding programs that aim to improve global health, reduce poverty, and promote education. The foundation has also been actively involved in the fight against COVID-19 by providing funding and resources to help combat the pandemic.
In July 2021, Bill Gates announced that the Gates Foundation plans to increase its grant making by 50% to $9 billion annually by 2026. In early January 2022, the foundation said it was increasing its 2023 budget to $8.3 billion, its largest ever.
Your Thoughts
Through their foundation, Bill and Melinda Gates have been able to make a significant impact on the world and continue to inspire others to give back and make a difference.
We would like to hear your thoughts on their philanthropy and the impact of the Bill & Melinda Gates Foundation.
-------------------
Love this? Go get NewsBreak stories delivered for FREE on your phone, download the NewsBreak App.
Got a story to share? Sign up as a contributor for FREE on Newsbreak to make money talking about your local area. If you use my links, I will receive a small commission (at no cost extra to you.).
Comments / 0