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Reporting scams. We are aware of numerous forms of fraudulent communications claiming to be from, or associated with, the Gates Foundation. They circulate via email, social media, postal mail, fax, and telephone in a number of languages. They often include our foundation logo, photos, links, or other information taken directly from our official ...
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- The Claim: Bill Gates Has Given Over $50 Billion to Charity
- Bill Gates, Philanthropist
- Valuing Gates' Fortune
- Our Ruling: True
- Our Fact-Check Sources
Bill Gates is a consistent target of conspiracy theories, many becoming especially heightened amid the coronavirus pandemic. While the tech billionaire remains the target of scorn and suspicion online, others defend Gates, citing his history of charitable contributions. One viral post imagines Gates’ view of the current conspiracies, writing that t...
Bill Gates, who has been one of the wealthiest men in the world for decades, made his fortune as the co-founder of Microsoft. The company, which was a key player in the personal computer revolution in the 1990s, eventually became a corporate behemoth, and Gates became a household name as a tech titan and business magnate. Gates stepped down as Micr...
Like many high net-worth individuals, Gates manages his wealth through an investment and holding company known as Cascade Investment LLC. The company maintains a diverse portfolio of investments and assets that account for more than half of Gates’ wealth. Gates’ remaining 1% stake in Microsoft as of June is worth more than $7 billion, while the Bil...
Bill Gates has been a consistent philanthropist for decades. He has remained extremely wealthy while giving away large amounts of his net worth through steady increases in his financial portfolio. We rate the claim that Gates has given $50 billion to charity as TRUE because it is supported by our research.
- White House NOW Reporter
Mar 17, 2020 · By Bill and Melinda Gates’s estimations, they have seen an 11 percent tax savings on their $36 billion in charitable donations through 2018, resulting in around $4 billion in avoided taxes.
May 20, 2021 · A few months earlier, 40 of America's richest families had signed the Giving Pledge, a public promise initiated by Bill and Melinda Gates and Warren Buffett to give at least half of their wealth ...
- Mattathias Schwartz
- Henry Blodget
Jan 25, 2024 · The Bill & Melinda Gates Foundation is stepping up its giving this year to meet increased needs globally. And the foundation’s CEO, Mark Suzman, is encouraging the ultra-wealthy around the globe ...
Feb 12, 2019 · Published 10:56 AM PST, February 12, 2019. KIRKLAND, Wash. (AP) — Bill and Melinda Gates are pushing back against a new wave of criticism about whether billionaire philanthropy is a force for good. The couple, whose foundation has the largest endowment in the world, say they are not fazed by recent blowback against wealthy giving.
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Jan 25, 2024 · The CEO of the Bill & Melinda Gates Foundation has a message: Hey billionaires, give away more of your money to address inequality and do it soon.. Mark Suzman made the call in his annual letter released Thursday that led with the story of Chuck Feeney, a billionaire whose philanthropy inspired Warren Buffett, Bill Gates and Melinda French-Gates.