Bill Gates Adds $4.6 Billion to Foundation Endowment
15:08, Aug 16, 2017
Copyright 2015 All rights reserved. This material can't be published, transferred, copied or redistributed.
Bill Gates has continued his philanthropic drive with his largest donation to charity since the year 2000. Comparatively, in 1996, Gates' stake in Microsoft was 24 percent, Bloomberg said. He has reportedly given away around 64 million worth of shares of Microsoft Corporation, which account for $4.6 billion in charity.
The majority of all previous donations have been made to the Bill & Melinda Gates Foundation, which is primarily focused on reducing world poverty, combating infectious diseases and providing universal access to computers. This is the charity that has been set up by both Gates and his wife with the motto to promote global development.
Spokesmen for Microsoft and Gates didn't immediately respond to requests for comment. Ballmer has been Microsoft's largest individual shareholder since 2014 or so. They donated $16bn worth of Microsoft shares in 1999 and followed it up with another $5.1bn a year later.
Gates' most recent pledge takes his overall charitable donations to approximately $50 billion, based on the foundation's most recent financial statement.
Mr Gates has been the richest man in the world since 2013, apart from briefly being overtaken by Amazon's Jeff Bezos for a couple of hours when the technology company's shares spiked before dropping back.
Gates' estimated net worth is $89.9 billion, as of July 2017.
The last time the technology mogul gave his foundation such a hefty sum was in 2000, when he donated stock then valued at $5 billion to create the Bill & Melinda Gates Foundation.
The incident sparked a national outcry, with opposition parties demanding the resignation of Chief Minister Yogi Adityanath . The minister for medical education in the Yogi Adityanath government looks after this.
At least two of those teams, the Steelers and the Dolphins, took their business to charter only airline, Miami Air, sources said. The team also ensured everyone knows their legacy with the five Vince Lombardi trophies on the tail.
Prosecutors said he kept making awful stock picks which forced him to cook up schemes to recover millions in losses. Shkreli was on his YouTube channel chatting with fans and sparring with a reporter after Friday's verdict.
They also said a postal vote could be unconstitutional and might be challenged in the High Court, local media reported. Turnbull's reasoning for the plebiscite and postal vote is that it will allow "all Australians to have their say".
The raid prompted reactions from a number of politicians with Congress leaders alleging that BJP is targeting MLAs from the party. They (income tax officials) had to bring him to his house to check certain documents seized during the searches, Jaitley said.
Farah was overtaken by two Ethiopians with a lap to go and could not muster a strong enough kick to get back to the lead. Olympic silver medallist Mayer amassed a total of 8,768 points from the 10 disciplines in the gruelling two-day event.
This move will reunite former Bills teammates in Watkins and wide-out Robert Woods who the Rams acquired earlier in the offseason. Matthews had been something of a disappointment for the Eagles after coming in a second-round pick at the 2014 NFL Draft.
The "America's Best Hospitals" issue is compiled using data collected annually on more than 5,000 US hospitals of varying sizes. Lurie Children's Hospital of Chicago the top children's hospital in IL and the 7th best children's hospital in the country.
According to police, the auto was running and Rickheit had stuffed clothes in the tailpipe to block the exhaust. She has a history in the Charlton area was thought to be recently traveling on the Mass Pike in that area.
That channel was created to address what the US calls "irritants" preventing the two countries from pursuing better ties. Trump denies any collusion and has repeatedly questioned United States intelligence about Moscow's involvement.
The impact sent one auto into the sidewalk, he added, striking a group of people dining in a restaurant patio. Three others, including a 30-year-old man, and two women ages 18 and 28, were listed as in serious condition.
Indian troops foil China's incursion bid along Ladakh lake
Officials in the Army in South Block refused to say anything with all the questions soliciting a crisp reply-"No comments". Red Army has tried blocking developmental activities in Chumarr, Depsang and Pangong Tso , in the last few years.
Trump to Request Possible Probe of China Trade Practices
Similarly, the president also asked for a review about whether steel and aluminum imports were jeopardizing national security. If the United States were to engage in such an act, Parker thinks China or Russian Federation would introduce a U.N.
Two dead in Kenya poll protests
Three other people have died since Tuesday's vote, including two killed Wednesday after protests broke out in Nairobi and Kisumu. The family lives in Mathare, an area of Nairobi with many opposition supporters.
Post-Neymar Barca look to chase down Madrid
However, his situation at Real Madrid underwent a dramatic U-turn in the second part of the season following Gareth Bale's injury. Real Madrid star Isco has reportedly already put pen to paper on a new contract that includes a whopping release clause.
Dutch egg scandal hatches in Denmark
Heather Hancock, Chairman of the Food Standards Agency , said: "I'm confident that acting quickly is the right thing to do". Two people have been arrested in connection with the latest food scandal to hit Europe, Dutch prosecutors said.
Canadian pastor detained in North Korea
Last year, Lim told CNN he spends eight hours a day digging holes at a labor camp where he has not seen any other prisoners. Lim has made more than 100 visits to North Korea since immigrating to Canada from South Korea nearly three decades ago.
34 injured in the explosion of a truck bomb in Lahore
Rescue teams reached the scene and shifted the injured to Mayo Hospital and Mian Munshi Hospital, where emergency was declared. He went on to note that an investigation has been launched on determining how and when the vehicle arrived at the blast site.
Rain and Storms at Times this Week
Franklin is located in the northwest Caribbean Sea and is moving west-northwest at 14 miles per hour (22.5 kph). A hurricane watch was in effect for the coast of Mexico from Chetumal to Punta Allen.
Trump claims support is stronger than ever
Bush sunk to the mid-20s , for instance, but it took eight years, two unpopular wars and a struggling economy to get there. It's a remarkable turn of events, considering that is the demographic who voted for the president in droves in November.
Dubai Torch Tower hit by fire again
It marks the second fire at the skyscraper in the world-famous Marina district , with an eerily similar incident two years ago. Meanwhile, the officials have cordoned off the area near the building to ascertain the security of the people.
HBO Hack Leads To Game Of Thrones Script Leak
The leaked episode, "The Spoils of War ", made the rounds on the spoiler-embracing Reddit community r/freefolk on Friday morning. The most notable one remains the one prior to season 5 in 2015, when screeners sent to the press were put online.
AMD has unveiled the Radeon RX Vega graphics cards
Crank up your graphics quality and bring out every detail at incredible resolutions with the revolutionary "Vega" architecture . While not as power hungry as the liquid cooled card, the air-cooled RX Vega 64 still requires a considerable 295W of power.