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
Bill Gates His choice of things to take on a desert island were, for music: "Blue Skies" by Willie Nelson; book: "The Better Angels of Our Nature" by Steven Pinker; and luxury item: a DVD Collection of Lectures from The Teaching Company. Bill Gates William Henry Gates III (born October 28, 1955) is an American business magnate, investor, author, philanthropist, humanitarian, and principal founder of Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014. In 1975, Gates and Paul Allen launched Microsoft, which