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Bill Gates’ Charity Vows to Give Away 99% of His Fortune by 2045

Bill Gates on Giving Away His Wealth, USAID Cuts, Tariffs

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By Jessica Nix, Ashleigh Furlong, and Sophie Alexander

May 8, 2025 at 8:32 AM EDT

Updated on

May 8, 2025 at 11:38 AM EDT

The Gates Foundation plans to give away $200 billion over the next 20 years before shutting down entirely in 2045, marking a new deadline for one of history’s largest and most influential charities.

That target would represent a doubling in spending for the nonprofit, which has disbursed more than $100 billion since it was co-founded by Bill Gates and Melinda French Gates in 2000. Originally, the foundation was set to close 20 years after the Microsoft Corp. co-founder’s death.