Bill Gates has not publicly expressed his support for Kamala Harris, making this contribution a notable departure from his previously cautious approach to political donations
The annual report of Bill & Melinda Gates Foundation projects that climate change could result in an additional 28 million children suffering from wasting by 2050
Melinda French Gates says she will be donating USD 1 billion over the next two years to individuals and organisations working on behalf of women and families globally, including on reproductive rights in the United States. It's the second billion-dollar commitment French Gates has personally made in the past five years. In 2019, she pledged over ten years to expand women's power and influence. Earlier this month, French Gates announced she would step down from the Bill and Melinda Gates Foundation, and vowed to focus on women and families. As a part of leaving the Gates Foundation, French Gates received USD 12 billion from Bill Gates for her philanthropy going forward. French Gates, one of the biggest philanthropic supporters of gender equity in the US, said on Tuesday in a guest essay for The New York Times that she's been frustrated over the years by people who say it's not the right time to talk about gender equality. "Decades of research on economics, well-being and governance
Bill and Melinda Gates Foundation will change its name to Gates Foundation after French Gates' departure
In developing countries, it focuses on improving people's health and giving them the chance to lift themselves out of hunger and extreme poverty
Praising India and other countries for contributing to a global pandemic fund, a top official of the Bill and Melinda Gates Foundation on Tuesday said the world is yet not fully prepared to deal with any future pandemic and a lot more work needs to be done. Speaking to PTI on the sidelines of the World Economic Forum Annual Meeting, where 'Disease X' is one of the key areas of discussions, Dr Christopher J Elias said we have learnt our lessons after Covid-19 but further efforts and discussions are needed, including on financing requirements. "A really important discussion had started nearly eight years ago after the Ebola outbreak and that discussion cake into very clear focus after Covid-19 that the world needs to be better prepared," he said. "The world needs to be ready for infections and diseases that we know such as influenza but also diseases that we don't know and may be new such as Disease X. But I don't think we are fully prepared yet," he added. Elias noted that there hav
The Bill & Melinda Gates Foundation on Monday announced its largest annual budget of USD 8.6 billion for 2024, a part of which will go towards advancing health innovations. With global health budgets in decline overall, a portion of the additional funding will go towards advancing global health innovations that will save and improve lives of some of the world's most vulnerable people, including newborn babies and pregnant women living in low-income communities, it said. The budget, which represents an increase of 4 per cent over last year and is a USD 2 billion increase over the 2021 budget, comes as global contributions to health in the lowest-income countries are stalling, the foundation announced here ahead of the start of the World Economic Forum. The foundation also committed to increasing its annual spending to USD 9 billion by 2026. "We can't talk about the future of humanity without talking about the future of health," said Bill Gates, co-chair of the Gates ...
The Bill and Melinda Gates Foundation has announced fresh financial assistance totalling USD 1.27 billion to address poverty and social inequalities at the end of its two-day event that saw the participation of over 300 young change-makers from across the globe. The announcement on the financial commitment came over a week after the Foundation in its annual Goalkeepers report noted that nearly every indicator of the UN sustainable development goals are off track for achieving them by 2030. Despite these challenges, the report highlighted opportunities to accelerate progress by investing in long-term solutions and innovative approaches to entrenched issues, including poverty, inequality, and climate change. The Foundation said on Tuesday that the funding will address overlapping global crises that have reversed the progress already made toward achieving the UN sustainable development goals (Global Goals). The two-day Goalkeepers event at the Lincoln Center in New York coincided with
The Gates Foundation plans to raise its annual budget by 50% over pre-pandemic levels to about $9 billion by 2026.
The foundation said it would search for new trustees in July after its two co-chairs and trustees Bill Gates and Melinda French Gates -- announced their divorce
Buffett has contributed more than $27 billion of his own money to the charity over the past 15 years.
Michael Larson won the Microsoft founder's loyalty by delivering consistent returns, often making investments that didn't gel with his charitable endeavours.
Gates's reluctance to take decisive action at Cascade goes against the image he created of a philanthropist and champion of women's empowerment.
The software giant had received a concern in 2019 that that Gates had tried to have an "intimate" relationship with an employee in 2000, Dow Jones cited a Microsoft spokesman as saying.
The couple's net worth is estimated to be more than $124 billion, and includes assets as varied as real estate and rare artefacts.
The end of one marriage has implications for the 1,600 staff members who direct $5 billion in annual grants to 135 countries
Cascade Investment, the holding company created by Bill Gates, transferred stock in two of Mexico's largest companies to Melinda French Gates bringing the total amount more than $2 billion.
Bill and Melinda Gates have promised to donate most of their wealth to charity, but their divorce would be the largest splitting of assets
Melinda is now the beneficial owner of 14.1 million shares of Canadian National Railway Co. worth about $1.5 billion.
Their decision puts at stake one of the world's greatest fortunes and one of world's largest philanthropy operations.