Bill Gates and Melinda French Gates say they will continue to work with the Giving Pledge.
Bill Gates and Melinda French Gates say they will continue to work with Giving Pledge, a campaign they co-founded with Warren Buffett in 2010 to donate most of their wealth to billionaires through philanthropy. To be encouraged to
But after their divorce earlier this year, the two will do it separately and in their own way.
In individual letters posted Tuesday by Giving Pledge, Gates and Frenchman Gates outlined their different philosophies regarding giving.
Frances Gates wrote, “I recognize the ridiculousness of having so much wealth concentrated in the hands of one person, and I believe that the only responsible thing to do with good fortune is to give it size – as much as thought. Do it and be effective, “wrote Gates.
“It’s important to acknowledge that giving money to your family is not a particularly good thing,” he added.
French Gates, whose total value is estimated at ً 6.2 billion, according to Forbes, said she intends to focus on “fighting poverty and advancing equality” through Bill & End – women and girls and other disadvantaged groups. For the United States and around the world. ” The Melinda Gates Foundation and its own major projects.
He also noted the importance of trusting nonprofit partners.
“Philanthropists are usually more helpful to the world when we stand behind a movement rather than trying to lead ourselves,” he wrote.
For his part, Gates, co-founder of Microsoft Corporation, which according to Forbes is worth more than $ 138 billion, wrote that he intends to keep the Gates Foundation as his primary outlet for donations.
Gates wrote that “no child should lack access to life-saving drugs or quality education because of where he or she lives, and the foundation was created to address the deepest inequalities in the world.” Gates wrote. “The Foundation’s mission has grown over time, but it is focused on increasing opportunities for the world’s poorest people and improving education in the United States.”
The Giving Pledge now includes 226 billionaires from 27 countries who have pledged more than half of their wealth to charity.
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