Microsoft co-founder Bill Gates on Thursday announced his plans to donate around $200 billion of his fortune over the next two decades to his own foundation and said that it would shut down by the year 2045.
In an article published on his foundation’s website, Gates said, “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” adding that his foundation will “permanently” close on Dec. 31, 2045.
