Bill Gates announces to donate 99% of his wealth over the next 20 years, with a $200 billion charitable fund dedicated to solving these three major issues.

According to the Wall Street Journal, Microsoft founder and former richest man in the world, Bill Gates, announced that he will donate 99% of his wealth to the Bill & Melinda Gates Foundation, which he chairs. (Synopsis: 99% of Buffett's wealth goes to family charitable funds, is it really a public welfare or a superb tax avoidance calculation? (Background supplement: Buffett's public estate plan "99.5% all donated to the family charitable fund" advises all parents to do one thing before they die) According to the Wall Street Journal, Microsoft founder and former richest man in the world Bill Gates (Bill Gates) announced that he plans to donate 99% of his wealth to the Bill & Melinda Gates Foundation he chairs in the next 20 years and close it in 2045, significantly ahead of schedule. (The original planning foundation was dissolved decades after his death.) Gates said the world faces many pressing problems, and he wants to fund and encourage others to fund new tools to solve them. In an interview, he emphasized: "This is an opportunity to say that philanthropy can really change the world. We're already making a huge impact, so hopefully this will inspire action in global health and beyond. Mark Suzman, the foundation's chief executive, said the annual budget will remain around $9 billion and focus on the most impactful projects: "This timing and resource allocation makes it all the more important for us to choose carefully and invest resources where they are most effective." The Gates Foundation's ambitious plans At the same time, the Gates Foundation has unveiled its ambitious plans for the next 20 years, including: Doubling spending and closing timelines: The foundation says it will double its spending over the next 20 years and plans to close by the end of 2045, when billions of dollars will be allocated. Size of giving: Gates expects total donations to exceed $200 billion, including his personal wealth, the foundation's $77.2 billion in assets by the end of 2024, and what Warren Buffett will give over his lifetime. Vision and Goals: The Bill & Melinda Gates Foundation has invested more than $100 billion since its founding in 2000, and the future foundation will focus on three main areas: first, the elimination of preventable diseases that kill mothers and children; Eradication of infectious diseases such as malaria and measles; Third, help hundreds of millions of people out of poverty. Wealth protection: But even if they donate a lot of money, Gates and his family will still have plenty of money. According to Forbes' 2025 list of the world's billionaires, Gates has a net worth of about $108 billion and remains one of the richest people in the world. He admitted, "I'll still be comfortable." His family will also have no worries. The outside world's evaluation of Gates' philanthropy: mixed reviews However, Gates' philanthropy enjoys both praise and doubts around the world. Positive reviews show that the Gates Foundation has made a clear contribution to global health over the past 25 years, such as funding vaccines for malaria and meningitis, advancing HIV treatment, and lifting millions out of poverty. Its $6.2 billion investment in polio is considered an important pillar of global public health. Many believe Gates' donation inspired the determination of other wealthy people to get involved in philanthropy, moving the global health and equity agenda forward. However, critics argue that Gates' philanthropic actions may have hidden other motives, particularly tax avoidance considerations. The reason is that federal probate tax regulations in the United States will impose a tax rate of up to 40% on large wills, and donating wealth to charitable foundations is exempt from this tax. Some argue that by setting up foundations, the plutocrats ostensibly give away their wealth, but in fact retain control over their money. For example, the Gates family has long dominated the distribution of funds for the foundation, and their children, although not directly in charge of the foundation, may benefit indirectly by participating in the operation of the foundation. In addition, the foundation's operating model has allowed the Gates family to maintain a huge social influence, which has been criticized as "the continuation of family power in the name of charity." Related reports Ethereum charitable fund Endaoment dumps 3,690 ETH, funded by ICO whales BTCC exchange leads philanthropic innovation: Red Eagle Foundation's "Legendary Golf Day" event opens Bitcoin donations for the first time AB Charitable Foundation sets sail to discuss a new model of global philanthropy of "institutional trust + technology-driven" (Bill Gates announces that 99% of his wealth will be donated within 20 years, and a $200 billion charitable fund will be committed to solving these three problems〉 This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".