Bill & Melinda Gates Foundation The Gates Foundation received 5% (500,000) of the shares in July 2006 and will receive 5% of the "remaining" earmarked shares in the July of each following year (475,000 in 2007, 451,250 in 2008). In July 2018, Buffet announced another donation of his company's Class B stock, this time worth $2 billion, to the Gates Foundation. To maintain its status as a charitable foundation, the Bill & Melinda Gates Foundation must donate funds equal to at least 5 percent of its assets each year. As of April 2014, the foundation is organized into four program areas under chief executive officer
Kevin Gates to know they're mine." Gates is a practicing Muslim along with his wife, and went in September 2016 to Mecca for Hajj. Gates' first arrest occurred when he was 13 for being a passenger in a stolen vehicle. Gates was briefly jailed for the offense, and said that being jailed had a profound effect on his life: "If they would've just pulled up to the jail, left me in the police car, never took me inside and just took me back home, I don't think I'd ever have done anything else again. But what it did was—by me going into