Gates voiced worries that recent government cuts to aid will leave a gap that philanthropic organizations like his won’t be able to fill.
“The funding gap that is currently emerging cannot be filled by any philanthropic organization, not even one the size of the Gates Foundation,” he said.
“It’s uncertain if the wealthiest nations in the world will continue to defend their poorest citizens.” “In the next 20 years, things will be better.”
Gates began by discussing the people in his life who influenced his dedication to philanthropy, beginning with his mother, Mary Gates, who passed away in 1994.
According to Gates, she firmly believed that “to whom much is given much is expected.”
Gates claimed that his mother reminded him that he “was just a steward of any wealth”.
He accumulated and that he had a moral and cultural commitment to give back after Microsoft became successful and he briefly became the richest person in the world.
