Almost everyone is familiar with the world’s richest man Bill Gates. You’ll be amazed after reading the other side of Bill Gates. He is one of the greatest philanthropists. He has transformed the world by chipping in with millions and billions of dollars and it’s because of him, there was an acceleration in people’s growth. Isn’t Bill Gates a great soul?
Billionaire business magnate Bill Gates has carved out a reputation for himself as one of the most generous philanthropists in the world. Bill Gates, the world’s richest man, donated $4.6 billion worth of shares in Microsoft Corp, which is his biggest gift to charity in 17 years ever since he set up the Bill & Melinda Gates Foundation. According to a Securities & Exchange Commission filing, Gates donated 64 million shares in the last summer.
His last largest gift came in 2000 when he donated $5.1 billion worth of Microsoft shares in 2000 in a bid to improve global healthcare and also to reduce extreme poverty. Just a year before, he gave away $16 billion worth in shares. Bill Gates’ contribution to education- $1.7 billion.
The shares donated depict about 5% of his current $90bn fortune. Bill Gates and his wife Melinda Gates have by far donated $35bn since 1994. It’s because of their fruitful contributions, Gates Foundation has grown to become the world’s largest private charity with $40.3bn of funds, prior to the latest gift
Bill Gates said the promise was “about building on a wonderful tradition of philanthropy that will ultimately help the world become a much better place”.
A couple of years back, the billionaire told ITV’s This Morning that it was “not a favour” to offer his three children huge money. “It distorts anything they might do, creating their own path.
“This money is dedicated to helping the poorest. They know that they are proud of that, they go on trips with us to see the work that’s being done.”
