The Tesla CEO joined the Giving Pledge in 2012, promising to donate at least half of their fortune. However, Musk called the program “bulls***” when he spoke to Gates about it.
Additionally, Gates intends to spend almost all of his riches in the next decades before permanently dissolving the Gates Foundation in 2045.
In an effort to eliminate illnesses via vaccinations, maternal and child health, and HIV cure, he announced intentions to invest $200 billion in global health, development, and education.
But he said that his own efforts pale in comparison to the $44 billion deficit caused by USAID’s cutbacks last year alone.
“People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them,” Gates said in a letter explaining his choice. Too many pressing issues need to be resolved.
