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Microsoft’s founder Bill Gates said he intends to distribute 99% of his huge wealth over the next 20 years.
Gates said it would speed up its giving through its foundation by planning to end its operations in 2045.
“People will say a lot about me when I die, but I am determined that” he dies rich “will not be one of them,” he wrote in a blog post on Thursday.
The 69 -year -old Gates said his Foundation of the same name has already given $ 100 billion (£ 75 billion) for health and development projects and that it expects it to spend another $ 200 billion, depending on the markets and inflation, over the next two decades.
In his Blog postG -n Gates quoted an essay of 1889 by tycoon Andrew Carnegie, called the Gospel of Wealth, which claims that wealthy people have an obligation to restore their wealth to society.
G -n Gates quoted G -n Carnegie, who wrote: “The man who dies in this way Rich dies disgraced.”
His last bet is an acceleration in charity. Initially, he and his ex -wife, Melinda, had planned the Gates Foundation to continue working for several decades after their death.
When asked about this shift, G -H Gates told BBC Newshour on Thursday that in 20 years there will be other rich people who can better cope with future challenges.
“It’s really a matter of urgency,” he said. “We can spend a lot more if we don’t try to be eternal and I know that costs will be in line with my values.”
The distribution of 99% of his wealth can still leave Mr. Gates, according to Bloomberg, the founder of Microsoft is the fifth richest man in the world.
In the blog publication, he shared a time line of his wealth, showing his current net worth $ 108 billion and a large arrow drawn by his hand, descending to zero in 2045.
G -n Gates also said the foundation would derive from its donation to give up $ 200 billion.
Together with Paul Allen, G -N Gates founded Microsoft in 1975, and the company became the dominant force in computer software and other technology industries. G -n Gates gradually retired from the company this century, resigning as CEO in 2000 and as chairman in 2014.
He said he was inspired to give money from investor Warren Buffett and other philanthropists, but critics of his foundation say that G -n Gates used his charity status to avoid tax and that he had an unjustified impact on the global health system.
In his blog publication, he outlined three main goals for his basis: eliminating preventable diseases that kill mothers and children; Elimination of infectious diseases, including malaria and measles; and eliminating poverty for hundreds of millions of people.
G -N Gates criticized the United States, the United Kingdom and France to reduce their budgets for foreign assistance.
“It is unclear if the largest countries in the world will continue to uphold their most people,” he writes. “But the only thing we can guarantee is that throughout our work, the Gates Foundation will support efforts to help people and countries get out of poverty.”
He was more compounded in an interview with Newshour, where he was asked for comments that made the accusation of technology billionaire Elon Musk in killing children by abbreviations of US assistance made by the Ministry of Government Efficiency, or Coce.
“These abbreviations will kill not only children but also millions of children,” said G -n Gates.
“You wouldn’t expect the most rich person in the world to do so.”
In an interview with the Financial Times, Gates raised the issue of the canceled grants at a hospital in Gaza, Mozambique, which Donald Trump mistakenly claims to fund Hamas condoms in Gaza Strip. Later, Mr. Musk admitted that the claim was wrong and said “we will make mistakes”, but the cost reduction continued.
“I would like to come in and come in and meet the children who are now infected with HIV because he reduced that money,” G -n Gates told FT.
BBC contacted G -n Musk for comment.
The Gates Foundation is the BBC Media Action donor, the BBC charity, which is separate from the corporation’s news operations.