Bill Gates Will Close Gates Foundation by 2045, Give Fortune to Global Health
by Alice Park - Time Magazine
So far, 2025 has been a terrible year for global health. The Trump Administration is slashing funding to a number of international programs; closing down USAID, the government’s major aid development arm; and withdrawing U.S. membership from the World Health Organization.
But a glimmer of hope arrived on May 8, when Bill Gates, chair of the Gates Foundation, announced that he will be infusing the struggling field with most of his fortune—$200 billion, which he built after creating Microsoft—to be spent by 2045. He also plans to close down the foundation at that time.
Since Gates and his former wife, Melinda French Gates, created the foundation 25 years ago, the organization has contributed more than $100 billion to global causes, primar...









