Syed Mansoor Qutab
The Bill and Melinda Gates foundation has achieved unsurmountable feats in philanthropy. The Bill and Melinda Gates foundation is an international organization, funded by the tech giants themselves.
Bloomberg has reported that Bill Gates gave away $35 billion of his wealth to the charity in 2019 even though it heavily threatens his status as one of the richest in the world. Bloomberg reports that he still did not lose much money, since Bill Gates was able to add $16 billion dollars to his net worth in this fiscal year.
Bill Gates gets a return on investment on his investment portfolios, where 60% of his portfolio is invested in equities. These investments are in the US and the global market. Bill Gates adopts a bullish investment strategy, which, because of its high risk, will generate high return, as well.
Given that his charity extends from the smallest countries in Africa to the most remote regions in Asia. They conduct extensive vaccine research on infectious diseases, safe and healthy living environments, and opening of facilitation centres to improve lives of the people living in these areas.
The Bill and Melinda Gates foundation works in several other domains as well, such as tackling World Hunger, providing education and better living to the public, and climate change concerns. The Bill and Melinda Gates foundation will be able to make great strides in the field of research, resource provision, and environmental sustainability. This also goes on to show that the world is experiencing a paradigm shift where billionaires like Bill Gates are solving crises on a global scale.
