Bill Gates doubles giving to $200 billion, ‘virtually all’ his wealth

By: bitcoin ethereum news|2025/05/09 01:01:31

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that he will double his charitable giving to $200 billion over the next 20 years. In a blog post, the Microsoft co-founder wrote that he was motivated by the many challenges facing the world, such as children’s health and climate change, as well as the late Andrew Carnegie’s admonishment of wealth hoarding. “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 wrote. “There are too many urgent problems to solve for me to hold onto resources that could be used to help people.” Gates is currently the world’s fifth richest person with a $168 billion fortune, according to the Bloomberg Billionaires Index. The $200 billion commitment assumes his charitable foundation’s endowment will grow through investments. The Gates Foundation, founded by Gates and his ex-wife, Melinda French Gates, in 2000, has already given away more than $100 billion. After Bill Gates has given away “virtually all” of his wealth, the foundation will close at the end of 2045, he said. Gates is one of few billionaires to publicly step up their charitable giving as nonprofits and universities reel from federal funding cuts. Despite his increase in giving, he said philanthropists cannot cover the multibillion-dollar foreign aid cuts by the U.S. and other wealthy countries. “The United States, United Kingdom, France, and other countries around the world are cutting their aid budgets by tens of billions of dollars. And no philanthropic organization—even one the size of the Gates Foundation—can make up the gulf in funding that’s emerging right now,” he wrote. “It’s unclear whether the world’s richest countries will continue to stand up for its poorest people.” Get Inside Wealth directly to your inbox In an interview with the Financial Times, Gates criticized Elon Musk for his role in cutting U.S. foreign aid. In February, Musk’s so-called Department of Governmental Efficiency effectively shut down the U.S. Agency for International Development. The federal agency disbursed $42.5 billion in 2023, according to government data, that provided lifesaving assistance, including health care, clean water and food across the globe. “The picture of the world’s richest man killing the world’s poorest children is not a pretty one,” Gates told the Financial Times. In early March, the agency estimated that the cuts would have dire consequences, including 1 million children with severe acute malnutrition going untreated and up to 166,000 additional deaths from malaria. Gates, his then-wife and Warren Buffett founded the Giving Pledge in 2010 as a commitment for the world’s richest people to give away more than half their wealth in their lifetime or wills. French Gates has since stepped down from the Gates Foundation but has her own philanthropic organization. Musk has signed the Giving Pledge. Gates told the New York Times that he doesn’t know whether Musk will follow through. “The Giving Pledge — an unusual aspect of it that you can wait until you die and still fulfill it. So who knows? He could go on to be a great philanthropist,” he said before pointing to Musk’s involvement in the foreign aid cuts. Musk has given away less than 1% of his wealth, according to Forbes. The publication estimates his out-the-door giving — gifts that have been paid, not just pledged or parked in a foundation — at $620 million over his lifetime through 2023. Source: https://www.cnbc.com/2025/05/08/bill-gates-charity-wealth.html

In the early hours of March 23, 2026, Round 29 of LALIGA delivered a headline clash at the Santiago Bernabéu. Real Madrid hosted their local rivals, Atlético de Madrid, in a high-stakes encounter. Under referee José Munuera, the match unfolded at a fierce pace, packed with physical duels and momentum swings. After a five-goal thriller, Real Madrid held firm for a 3–2 home win, taking all three points. They remain second on 69 points, now four behind leaders Barcelona.

From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

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Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

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LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

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LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

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