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No, it goes further than that: The Foundation is required to spent all its funds within 20 years of Bill & Melinda's death. It will then cease to exist. See ht
by IfOnlyYouKnew 6y ago
No, it goes further than that: The Foundation is required to spent all its funds within 20 years of Bill & Melinda's death. It will then cease to exist.
See https://en.wikipedia.org/wiki/Bill_&_Melinda_Gates_Foundation#Lifespan https://en.wikipedia.org/wiki/Bill_&_Melinda_Gates_Foundatio... and https://www.gatesfoundation.org/who-we-are/general-information/financials/foundation-trust https://www.gatesfoundation.org/who-we-are/general-informati...
- bungle 6y agoWhy wait until death? Why not start right away? All his entities are just getting wealthier each year. In 2010 Bill Gates wealth was 50 billion. Now it is 100 billion. 15 years after the announcement and "philanthropic" work. Can you explain that.