Bill Gates Pledges $200 Billion Donation to Combat Global Poverty and Disease

Bill Gates has pledged to give away $200 billion through his foundation by 2045, aiming to fight diseases and reduce poverty. Gates criticized Elon Musk for cutting US foreign aid, warning of increased global mortality. The Gates Foundation will close after utilizing 99% of his fortune.

Bill Gates announced a monumental pledge of $200 billion on Thursday, aimed at eradicating disease and reducing poverty worldwide. The billionaire Microsoft co-founder intends to distribute this sum via his charitable foundation by 2045.

Gates criticized Elon Musk for overseeing significant cuts in the U.S. foreign aid budget. He warned that these reductions could reverse decades of progress in global health, potentially resulting in millions more deaths in the coming years.

Despite the Gates Foundation's substantial resources, Gates emphasized the indispensable role of government support, particularly from major donors like the U.S., to achieve these global health objectives.

(With inputs from agencies.)