butters
High on a Hill
- Joined
- Jul 2, 2009
- Posts
- 84,451
https://www.msn.com/en-us/news/worl...pc=U531&cvid=c58499730b24454db75f420816b6ad35
Philanthropist Bill Gates is donating $20B of his own money to the foundation so it may increase its annual spending to help more people. Last month saw Warren Buffet donate $3.1B, and Gates is encouraging more of the super wealthy to add to this.
Philanthropist Bill Gates is donating $20B of his own money to the foundation so it may increase its annual spending to help more people. Last month saw Warren Buffet donate $3.1B, and Gates is encouraging more of the super wealthy to add to this.
According to the United Nations Development Program, 71 million people have been pushed into poverty since Russia's invasion of Ukraine in February, mainly due to food and energy price surges. Households in the Balkans, the Caspian Sea region and Sub-Saharan Africa have been hit particularly hard. The U.N. World Food Program reports that the number of acutely hungry people is now 345 million, up 25% since the start of the war in Ukraine.
“Despite huge global setbacks in the past few years, I see incredible heroism and sacrifice all over the world and I believe progress is possible,” Bill Gates, the foundation’s co-chair, said in a statement. “But the great crises of our time require all of us to do more… I hope by giving more, we can mitigate some of the suffering people are facing right now and help fulfill the foundation’s vision to give every person the chance to live a healthy and productive life.”