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Bill Gates speeds up plans to give away his fortune

Bill Gates is speeding up his plans to give away nearly all of his money.

"People will say a lot of things about me when I die, but I am determined that 'he died rich' will not be one of them," the billionaire wrote on Thursday. The Gates Foundation was originally intended to close twenty years after Mr Gates died, giving away around $200bn (£150bn) in that time.

But now the timeline has been brought forward to 2045. "There are too many urgent problems to solve for me to hold onto resources that could be used to help people," Mr Gates wrote in a post on his website.

As the US, UK, France and other countries cut aid budgets "by tens of billions of dollars.

Amir Nisi

Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.