
Left-wing billionaire Bill Gates announced Thursday his giant philanthropic nonprofit will ādoubleā its spending over the next two decades.
The Microsoft co-founder explained in a blog post that the Gates Foundation will give away āvirtually allā of his wealth before it shuts down in December 2045. Gates wrote that the nonprofit will spend about $200 billion toward āsaving and improving lives around the worldā after it spent more than $100 billion in the past 25 years.
āTodayās announcement almost certainly marks the beginning of the last chapter of my career, and Iām okay with that,ā Gates wrote.
Gates said the foundation will fund health initiatives to hopefully āeradicate malaria,ā among other goals, so that āthe next generation grows up in a world without deadly infectious diseases.ā Other portions will support education, ādigital public infrastructure,ā and ānew uses of artificial intelligence.ā Gatesā post did not name specific funding recipients as part of the plans.
The Gates Foundation did not immediately respond to a request for comment from the Daily Caller News Foundation.
The foundation has funneled tens of millions of dollars toward liberal causes such as abortion and efforts against so-called āmisinformation.ā It gave $3.4 million to one nonprofit that recently joined a āFamilies Over Billionairesā coalition against President Donald Trumpās tax agenda, the DCNF previously reported. The foundation has also funded the left-leaning media outlet Texas Tribune.
The foundationās foreign initiatives have included millions of dollars in grants to Chinese Communist Party (CCP) entities, primarily for projects focused on public health. In the online āmisinformationā space, the foundation bankrolled London-based researchers who haveĀ partnered with tech platforms to target conservative viewpoints for censorship.
Gates wrote that he is ādeeply proud of what we have accomplished in our first 25 yearsā while looking to the future.
On education, Gates wrote, āOur focus is on helping public schools ensure that all students can get aheadāespecially those who typically face the greatest barriers, including Black and Latino students, and children from low-income backgrounds. ā
āUnderpinning all our workāon health, agriculture, education, and beyondāis a focus on gender equality,ā Gates declared. āHalf the worldās smallholder farmers are women, and women stand to gain the most when they have access to education, health care, and financial services.ā
Gates lamented that āsystems often leave women behind.ā
The billionaire stressed that his 20-year plan is dependent on convincing America, European countries and other nations to hand over taxpayersā money.
āNone of this progress is possible without partnership from governments,ā he wrote.
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporterās byline and their DCNF affiliation. For any questions about our guidelines or partnering with US, please contactĀ [email protected].
