Bill Gates donates $750 million to global AIDS fund

[ShareShiz]

Bill Gates donates $750 million to global AIDS fund
By John Callaham

Microsoft's chairman Bill Gates recently put a rest to some rumors that he was planning to return full time to Microsoft, saying he was committed to his work with his charitable organization the Bill and Melinda Gates Foundation. This week, Reuters reports that Gates will donate a whopping $750 million to The Global Fund to Fight AIDS, Tuberculosis and Malaria.

The global AIDS fund has in the past helped to fund a quarter of the efforts around the world to fight the spread of HIV and AIDS as well as the majority of money to help combat TB and malaria. However, the fund's money has been drying up in recent years. In 2011, the organization announced it would not be able to issue any new grants until 2014.

In his announcement this week, Gates urged other world governments to help add money to the fund, saying, "These are tough economic times, but that is no excuse for cutting aid to the world's poorest." There has been some criticism of how the fund has handled its finances but Gates praised how the organization has dealt with the situation, saying, "We've looked at where they've found money that wasn't applied properly and how they tracked that ... the fact is the internal checks and balances have worked."

The Bill and Melinda Gates Foundation has donated over $28 billion so far to help combat health issues in third world countries as well as for improving education in the US. Gates has said he plans to donate the vast majority of his Microsoft created wealth to charitable causes.

The Daily Show Jan. 25, 2010 - Bill Gates
The Daily Show Jan. 31, 2011 - Bill Gates

ShareShiz Reviewed by ShareShiz on 27th Jan 2012. Bill Gates donates $750 million to global AIDS fund Bill Gates donates $750 million to global AIDS fund By John Callaham The Daily Show Jan. 25, 2010 - Bill Gates The Daily Show Jan. 31, 2011 - Bill Gates Rating: 5

[cvrle77]

$750.000.000 <--- ......
Nice guy, I hate him less now...

[-Im.z2ight-]

He is one of the most giving rich people, in the world.

[Drinkordie]

He is one of the most giving rich people, in the world.

Tax Deductions ? [hmmm]

[piratebay]

Wonderful job

[Boom]

only 750

comeone he stole all my money through xbox and games

atleast 1000$ m

[Wadibahi]

only 750

comeone he stole all my money through xbox and games

atleast 1000$ m

Frnd now xbox 720 & new windows version is comming
he earn lot of money from us.

[ShareShiz]

Yeah I really like Bill Gates.. He made all his money off of people, and now he is giving it all back helping people in aid. Amazing hes donated almost $ 30 BILLION. I know he was working really hard trying to rid the world of polio.

http://www.thedailyshow.com/watch/mo...010/bill-gates
http://www.thedailyshow.com/watch/mo...011/bill-gates

[Prazsky]

Bill Gates is a down-to-earth rich guy, a great human being.

[Sponge Bob]

Wait and see u will hear apple also donating, but more than that..

Its just called showing off, but eventually its helping the people so its good