Bill Gates speaks at a news conference during the World Economic Forum in Davos, Switzerland in May. Photo: AP
Bill Gates speaks at a news conference during the World Economic Forum in Davos, Switzerland in May. Photo: AP

Bill Gates donates US$20 billion to his foundation, says he plans to ‘give away all my wealth’ in future

  • The Microsoft co-founder says he will move down and eventually off the list of the world’s richest people, on which he currently holds fourth place
  • The Bill & Melinda Gates Foundation’s new goal is to distribute US$9 billion annually by 2026, ramping up 50 per cent from its current rate

Bill Gates speaks at a news conference during the World Economic Forum in Davos, Switzerland in May. Photo: AP
Bill Gates speaks at a news conference during the World Economic Forum in Davos, Switzerland in May. Photo: AP
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