Gates as philanthropist
Gates as philanthropist
Aside from being the most famous businessman of the late 1990s, Gates also has distinguished himself as a philanthropist (someone working for charity). He and wife Melinda established the Bill & Melinda Gates Foundation, which focuses on helping to improve health care and education for children around the world. The foundation has donated $4 billion since its start in 1996. Recent pledges include $1 billion over twenty years to fund college scholarships for about one thousand minority students; $750 million over five years to help launch the Global Fund for Childrens Vaccines; $50 million to help the World Health Organizations efforts to eradicate polio, a crippling disease that usually attacks children; and $3 million to help prevent the spread of acquired immune deficiency syndrome (AIDS; an incurable disease that destroys the bodys immune system) among young people in South Africa. In November 1998 Gates and his wife also gave the largest single gift to a U.S. public library, when they donated $20 million to the Seattle Public Library. Another of Gatess charitable donations was $20 million given to the Massachusetts Institute of Technology to build a new home for its Laboratory for Computer Science.
In July 2000 the foundation gave John Hopkins University a five year, $20 million grant to study whether or not inexpensive vitamin and mineral pills can help save lives in poor countries. On November 13, 2000, Harvard Universitys School of Public Health announced it had received $25 million from the foundation to study AIDS prevention in Nigeria. The grant was the largest single private grant in the schools history. It was announced on February 1, 2001, that the foundation would donate $20 million to speed up the global eradication (to completely erase) of the disease commonly known as elephantiasis, a disease that causes disfigurement. In 2002 Gates, along with rock singer Bono, announced plans for DATA Agenda, a $24 billion fund (partially supported by the Bill and Melinda Gates Foundation) that seeks to improve health care in Africa. Although many describe Gates as cold and distant, his friends find him friendlier since his marriage and since the birth of his daughter, Jennifer, in April 1996. Further, he recognizes his overall contribution to both the world of technology and his efforts in philanthropy. In Forbes magazines 2002 list of the two hundred richest people in the world, Gates was number one for the eighth straight year, coming in with a net worth of $52.8 billion. Read more http //www.notablebiographies.com/Fi Gi/Gates Bill.html#ixzz39QEeHTJj