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The philanthropy world weighs in on Bill Gates’ $200 billion bet on global health: ‘People will be watching this as an example’

Fortune LogoFortune13h ago

The philanthropy world weighs in on Bill Gates’ $200 billion bet on global health: ‘People will be watching this as an example’ - Fortune

Quick Summary:

The Gates Foundation will close in a tight 20-year timeline.

What does the philanthropy world make of it?

As the Chronicle of Philanthropy put it, the decision “​​could unnerve nonprofits grappling with how to respond to the Trump administration’s near-total elimination of international aid and efforts to roll back funding for domestic causes such as higher education and affordable housing—areas the Gates Foundation has funded over the years.” And Gates himself admits that how much he can get done in the 20 years is “probably the biggest unknown,” given the pullbacks of foreign aid.


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Article Details

Author / Journalist: Alexa Mikhail

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-10 @ 11:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 125 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28532782

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News Last Updated: 10 hours ago

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