BS EDIT: Gates Pledges 99% of Wealth to Africa by 2045

By Business StandardPublished On Jun 5, 2025

A $200-Billion Commitment

Gates will donate 99% of his fortune to Africa by 2045, aligning with the Gates Foundation’s planned closure

A Strategic Response to US Aid Cuts

With USAID slashed, Gates signals private leadership in global development

Focus on Health and Poverty

Key goals: end child mortality, fight disease, and reduce poverty across Africa

Proven Model in India

Partnerships in UP, Bihar, and Andhra Pradesh show the foundation’s grassroots impact

Concerns Over Private Power

Critics question unchecked philanthropic influence amid shrinking state roles

Reputation or Reform?

Gates’ giving may also serve legacy and tax goals — but it’s setting a high bar