Bill Gates gives $4.6bn to charity in biggest donation since 2000 - News Summed Up

Bill Gates gives $4.6bn to charity in biggest donation since 2000


Recipient of 64m Microsoft shares is a mystery, but is expected to be tech tycoon’s foundationBill Gates, the world’s richest man, has donated $4.6bn (£3.6bn) in the Microsoft founder’s biggest gift to charity since he set up the Bill & Melinda Gates Foundation. Gates donated 64m Microsoft shares according to a US Securities & Exchange Commission filing. The shares donated represent about 5% of his current $90bn fortune. They donated $16bn worth of Microsoft shares in 1999 and followed it up with another $5.1bn a year later. The Gates Foundation has grown to become the world’s largest private charity with $40.3bn of funds, before the latest gift.


Source: The Guardian August 15, 2017 17:30 UTC



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