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Money will be given over the next ten years

Bill Gates made one of the largest fortunes that the world has ever seen on the back of technology from his company Microsoft. Gates stepped down from Microsoft to focus on the foundation that he and his wife founded with their personal fortune.

The Bill and Melinda Gates Foundation has so far handed out billions in funding to help improve the lives and technology used for education around the world. In December 2009, the foundation pledged $3.4 million for libraries in the U.S. to help them accelerate the support and adoption of broadband in libraries.

The Bill and Melinda Gates Foundation has now pledged $10 billion to increase the number of vaccines that are available to children around the world. The huge amount of funds is committed over the next ten years to help develop and deliver new vaccines for the world's poor countries. The funds will also be used to pay for research into new vaccines.

Increased vaccine availability could help save more than 8 million children by 2020 according to the foundation, but funding gaps still exist. Despite the huge amount of money pledged by the foundation, the call for more private and government investment in vaccines is being made.

"We must make this the decade of vaccines," said Bill Gates. "Vaccines already save and improve millions of lives in developing countries. Innovation will make it possible to save more children than ever before."

Melinda Gates said, "Vaccines are a miracle—with just a few doses, they can prevent deadly diseases for a lifetime. We’ve made vaccines our number-one priority at the Gates Foundation because we’ve seen firsthand their incredible impact on children’s lives."

The $10 billion in new funding for vaccines and vaccine research pledged by the foundation was in addition to the $4.5 billion that the Gates Foundation has already committed to the cause.



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10 Billion
By CptTripps on 1/29/2010 1:36:16 PM , Rating: 5
Say what you will about MS but... the Gates are a shining example of good people with alot of money. I say bravo!!




RE: 10 Billion
By Spivonious on 1/29/2010 1:47:27 PM , Rating: 4
He's a classic philanthropist, up there with Rockefeller and Carnegie.


RE: 10 Billion
By CENGJINYIWEI on 1/31/10, Rating: -1
RE: 10 Billion
By 67STANG on 1/29/2010 1:56:02 PM , Rating: 5
Somehow Obama wins a Nobel.... But Gates, one of the most generous givers in the world, has nothing. Don't even get me started about Steve Jobs and his greed. He's never even given over $1 million-- yet he's reportedly worth over $6 billion. Guess that's why all of his products start with "I".


RE: 10 Billion
By wiz220 on 1/29/2010 2:19:15 PM , Rating: 5
I have a feeling Gates will be well acknowledged for his amazing contributions in the future.


RE: 10 Billion
By Davelo on 1/29/2010 4:17:37 PM , Rating: 4
Thanks 67stang,

My thoughts exactly.


RE: 10 Billion
By Etern205 on 1/29/2010 6:55:03 PM , Rating: 3
Bill Gates was knighted by the Queen.
KBE>Nobel


RE: 10 Billion
By HEIJIHUHU on 1/29/10, Rating: -1
RE: 10 Billion
By Seemonkeyscanfly on 1/29/10, Rating: -1
RE: 10 Billion
By ClownPuncher on 1/29/2010 2:46:26 PM , Rating: 2
Microsoft and Bill Gates have been donating for over 20 years. Obviously Melinda has a huge influence on their efforts of late, and things have really been picking up, but to say he would never have given a penny is not correct. Local public schools in western Washington state have been getting donations since I can remember.


RE: 10 Billion
By themaster08 on 1/29/2010 3:02:13 PM , Rating: 2
quote:
Obviously Melinda has a huge influence on their efforts of late, and things have really been picking up, but to say he would never have given a penny is not correct.

Even if that were true, the man changed for the better, which is very commendable.


RE: 10 Billion
By Seemonkeyscanfly on 1/29/10, Rating: 0
RE: 10 Billion
By bupkus on 1/30/2010 3:45:45 PM , Rating: 2
I'm sure there are many of us out there who would agree from personal experience that it often takes a good woman's influence to help us men shine in a more caring way.


RE: 10 Billion
By Seemonkeyscanfly on 1/29/10, Rating: -1
RE: 10 Billion
By ClownPuncher on 1/29/2010 3:49:09 PM , Rating: 2
Communist!


RE: 10 Billion
By Seemonkeyscanfly on 1/29/10, Rating: -1
RE: 10 Billion
By ClownPuncher on 1/29/2010 4:42:34 PM , Rating: 2
It was an ironic post, I was referencing your idea that one million dollars to Bill Gates is $5 to people like us. I'm with you on the fact that Gates has become quite the philanthropist.

To be fair, Bill is a big business liberal, rather than a Democrat. A liberal in the more classical sense, rather than the anti-corporate Democrat that we deal with in current politics.

Not all internet posts must be serious, it is Friday and closing in on Beer:30


RE: 10 Billion
By Slyne on 1/29/2010 4:06:04 PM , Rating: 2
Well, it's always been publicly stated by the B&MG Foundation that their contributions are highly dependent on the efficiency of the recipient. At the time he became fully involved in the foundation, I remember Bill Gates saying that he intended to run it like a company, driven by results.

Maybe that's why he's giving more money now, because he has the capability to measure, and ensure, that his money is well spent.


RE: 10 Billion
By Seemonkeyscanfly on 1/29/10, Rating: 0
RE: 10 Billion
By pavel486 on 1/29/2010 4:32:07 PM , Rating: 2
Companies should not give away money. If for whatever reason company have extra (after the products and customers well taking care off) give it to your own employees and let them decide how to spend it. After all they make it for you.
Same is true with the government.


RE: 10 Billion
By sweatshopking on 1/30/2010 12:29:28 AM , Rating: 2
it was actually bills father who encouraged him to start the foundation. he was planning on doing it later, then his dad asked him, why wait? so he started it.


RE: 10 Billion
By Hare on 1/29/10, Rating: 0
RE: 10 Billion
By porkpie on 1/29/2010 2:46:27 PM , Rating: 2
Where do you think the foundation's money came from?


RE: 10 Billion
By surt on 1/29/10, Rating: -1
RE: 10 Billion
By porkpie on 1/29/2010 4:35:03 PM , Rating: 4
You're right, MS held you down with a gun to your head and forced you to buy Windows. And threatened to rape your wife if you installed free Linux.

Not like they had the best product or anything.


RE: 10 Billion
By TSS on 1/29/10, Rating: -1
RE: 10 Billion
By Hare on 1/29/2010 4:05:23 PM , Rating: 1
Thanks guys for flaming me. To anwser your question, maybe take a look at their website or at least Wikipedia?

For example: Warren Buffett has donated 10B Berkshire Hathaway stock worth about 30 billion dollars!


RE: 10 Billion
By BZDTemp on 1/29/10, Rating: -1
RE: 10 Billion
By putergeek00 on 1/29/2010 3:45:15 PM , Rating: 3
Tell that to the countless number of kids who's life he is going to save by donating $10 BILLION to.


RE: 10 Billion
By Seemonkeyscanfly on 1/29/2010 4:08:04 PM , Rating: 3
No not a saint just one heck of a good tax right off for the next 10 years... :)

Really, I think they are doing for a good reason, if other benefits come to them, then bonus to them.


RE: 10 Billion
By Chiisuchianu on 1/29/2010 4:58:38 PM , Rating: 1
Waste of money just like all the money that's sent to Africa and such is also a waste. This money should be used to research advanced technology.


RE: 10 Billion
By xti on 1/29/2010 5:10:33 PM , Rating: 1
wow...


RE: 10 Billion
By MasterBlaster7 on 1/30/2010 1:07:51 AM , Rating: 2
I totally agree with that guy. Gates is an American Billionaire and he should be sending that money to AMERICA!

If you haven't been paying attention we are in the largest economic downturn since the great depression. Fix our poor first.

When I first read this I thought he would be investing in the new vaccine production process that can distribute things like swine flu vaccines quickly. The Europeans have it and we are in desperate need of upgrade. Cause a REAL pandemic will eventually hit.

But basically helping people to survive in developing countries make MORE POOR PEOPLE. Those added poor people burn down the rain forest faster, spit more CO2 in the air (cause they cant afford cleaner power sources), and generate more Jihad crazy Muslims bent on wiping us out. SO STOP FEEDING THE DAMN PIGEONS.

I know this is harsh but until we can fix our own problems and stable governments can be instilled in developing countries it is just a waste to balloon their population.

Oh, and for the record, I'm a card carrying Democrat in case anyone wanted to shout dirty republican haha.


RE: 10 Billion
By messyunkempt on 1/30/2010 7:25:51 AM , Rating: 2
quote:
I totally agree with that guy. Gates is an American Billionaire and he should be sending that money to AMERICA!


Why? He made his money in countries all over the world, let him give it away how he see's fit. If you decided to give away your money and a poster told you where you should be sending it im pretty sure you'd soon tell them where to insert thier opinion, probably without lube.


RE: 10 Billion
By Mumrik on 1/30/2010 8:57:07 PM , Rating: 1
You really should mind your own business.


RE: 10 Billion
By Danish1 on 1/30/2010 7:56:39 AM , Rating: 3
quote:
Say what you will about MS but... the Gates are a shining example of good people with alot of money. I say bravo!!


I'd say bravo too if he didn't spend the money on saving more children the 3rd world can't feed, unless he intend to pay for them for the rest of their lives.

The $~2k he spends on saving each child is nothing compared to the state sponsored foreign aid and/or social welfare the rest of us will be forced to cover.

Harsh I know but that's reality.


RE: 10 Billion
By edyhku on 2/1/2010 8:57:33 AM , Rating: 1
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All I can say is...
By smackababy on 1/29/2010 1:38:13 PM , Rating: 2
Where's your Jobs now?




RE: All I can say is...
By StevoLincolnite on 1/29/2010 1:48:46 PM , Rating: 5
Going overseas where it's cheaper. :(

Or you mean that Steve fella? - I dunno but he is greedy compared to good ole' Billy over there! :P


RE: All I can say is...
By ClownPuncher on 1/29/2010 1:50:09 PM , Rating: 2
Since I already know it's coming:

DEY TURK ARR JERBS


RE: All I can say is...
By themaster08 on 1/29/2010 2:46:43 PM , Rating: 5
His donations were denied by the App store.


Good on him
By whiteyd on 1/29/2010 4:16:15 PM , Rating: 5
Too bad he hasn't had a great track record of preventing viruses in the past




RE: Good on him
By StuckMojo on 1/29/2010 9:49:02 PM , Rating: 2
quote:
Too bad he hasn't had a great track record of preventing viruses in the past


ROFL!!! Seriously, I guffawed at my screen and my GF looked at me like I'm nuts ;)


Don't tell Jenny McCarthy
By cliftonite on 1/29/2010 1:30:36 PM , Rating: 3
Better not let Jenny McCarthy know!




RE: Don't tell Jenny McCarthy
By kattanna on 2/1/2010 4:27:14 PM , Rating: 2
why? anti-vaxxers doent bother with facts anyhow


Thanks for posting this.
By Mitch101 on 1/29/2010 1:27:54 PM , Rating: 3
Thanks for posting this its one of those items the Microsoft bashers tend to overlook.




Class Act
By iFX on 1/29/2010 1:28:28 PM , Rating: 2
Do doubt about it.




Thats great
By PinnacleX on 1/29/2010 1:35:43 PM , Rating: 2
14.5 Billion wow!




Education
By zodiacfml on 1/29/2010 9:26:46 PM , Rating: 2
While doing that, Bill might as well include education for whatever purposes and whose gains it can be.




By East17 on 1/30/2010 3:35:47 PM , Rating: 1
As many of us already know, Bill & Melinda are members of Bilderberg Group and passionate supporters of the dreaded pseudo-science called EUGENICS. As a matter of fact, their donations regarding Family Planning were clearly related to their push for a return of EUGENICS in the main view. All this makes me wonder why are they so eager to vaccinate us ... 10 Billion ? That's enough money to reFOREST the Sahara desert ... Wouldn’t that be more useful for the world population? But still .. they chose to fund and credit BigPharma ...




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By linyulin010 on 1/29/10, Rating: -1
Not bad !
By Beenthere on 1/29/10, Rating: -1
RE: Not bad !
By themaster08 on 1/29/2010 3:06:54 PM , Rating: 3
quote:
Earn a $100 billion through hard work and perseverance and give the majority of it to charity for good will. Is that generosity or WHAT!

How his post should have been.


RE: Not bad !
By Seemonkeyscanfly on 1/29/2010 3:44:13 PM , Rating: 2
Well $10 billion is not the majority of $100. but it is extremely generous. Even if you hate every ounce of Bill Gates you have to say "Wow, that is incredible". Now if the rest of the ultra rich (like Oprah money and above) would do a similar thing. They can pick their favorite place, after all it would be there money they are giving away. P.S. to any ultra rich person who is already given your fair share... Sorry for including in this list.. but the media is not talking about anyone giving away a large sum of money, except now the Gates.

Side bonus, it would simulate the economy and many of Ultra rich would get some of their money back as they probably own shares of the companies that would benefit from this kind of cash inflow.


RE: Not bad !
By themaster08 on 1/29/2010 4:43:56 PM , Rating: 2
quote:
Well $10 billion is not the majority of $100. but it is extremely generous.

I mean altogether, not just this time. But yeah, I agree with you.


RE: Not bad !
By Beenthere on 1/29/10, Rating: -1
RE: Not bad !
By ipay on 1/30/2010 3:13:46 AM , Rating: 2
Your mom is a disgrace in every sense of the word. Seriously, for giving birth to a loser like you... there should be laws against that sort of thing.

I'll bet you're one of those basement-dwelling Linux idiots who believes that anything that makes money is somehow evil. Crawl back under your bridge, or even better, DIAF.


"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs

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