Bill Gates Adds $4.6 Billion to Foundation Endowment

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.


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