Bill Gates soon will not be the richest person in the world, after being recognized with the title from 1995 to 2010, and from 2013 to 2017.
But it will be for a good cause, As the Billionaire has promised to donate large amounts of his money to his charity foundation, now starting with his first donation of $20bn.The Microsoft co-founder says that he feels it is an “obligation” to give to society, after becoming one of the richest and most powerful men in the world.
Gates first pledged to donate part of his wealth in 2010, however his net worth has more than doubled since then.“I have an obligation to return my resources to society in ways that have the greatest impact for reducing suffering and improving lives.
And I hope others in positions of great wealth and privilege will step up in this moment too,” he declared.With $118 billion according to Forbes magazine, Gates has amassed a large fortune from different sources.
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