Tuesday, February 7, 2012

Bill Gates donates more than $ 750 million for AIDS foundation

   

   The former president of Microsoft , Bill Gates announced he would donate another $ 750 million (about $ 1.28 billion) to the Global Fund to Fight AIDS, Tuberculosis and malaria. These diseases mainly punish the poorest countries in the world.

   Gates stepped away from Microsoft for a long time, and now works with his wife in his company Bill & Melinda Gates Foundation , which is dedicated to charity. In fact, it is no longer the richest man in the world because of their donations. And since 2004, the foundation has invested $ 26 billion (U.S. $ 44.38 billion) on philanthropy.

   The executive said he will donate 90% of his fortune for these purposes and said he does not want his children to live exclusively on inheritance. Soon, with the death of Steve Jobs, his longtime friend and partner, he has a reason to accelerate the donations - even if not a good friend of Jobs for most of his life.

   At 56, Bill Gates realized that old age is coming, especially with the death of his former companion. Now he plans to devote more time to philanthropy. "It reminds me that I need to devote more important things," he said. "My time is running out."

   Its foundation invests heavily in creating new drugs against diseases such as malaria. However, the delay for such a drug is ready is large. The expectation is that they are ready at least two decades.

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