London, Europe Brief News – Bill Gates declared plans to donate nearly all his wealth to the foundation he launched with his ex-wife, Melinda.
Microsoft co-founder said he will eventually no longer be among the world’s richest people.
Gates is currently the fourth-richest person in the world with an estimated net worth of $129 billion, according to Forbes, which keeps a running list. He is also considered the largest private owner of farmland in the U.S., holding upward of 260,000 acres in dozens of states.
In his social media posts, Gates also gave a shout-out to the third-richest person in the world, Berkshire Hathaway CEO Warren Buffett, for his own contributions to the Gates Foundation.
“Although the foundation bears our names, basically half our resources have come from Warren Buffett,” Gates tweeted. “His incredible generosity is a huge reason why the foundation has been able to be so ambitious. I can never adequately express how much I appreciate his friendship and guidance.”
Bill Gates, Melinda French Gates and Warren Buffett founded the Giving Pledge in 2010, asking the world’s wealthiest to commit to donating more than half their fortunes to endeavors tackling the world’s biggest challenges.
