Bill & Melinda Gates Foundation conducts all operations and grantmaking work, and it is the entity from which all grants are made". Also announced was the decision to "... spend all of [the Trust's] resources within 20 years after Bill's and Melinda's deaths". This would close the Bill & Melinda Gates Foundation Trust and effectively end the Bill & Melinda Gates Foundation. In the same announcement it was reiterated that Warren Buffett "... has stipulated that the proceeds from the Berkshire Hathaway shares he still owns at death are to be used for philanthropic purposes within 10 years after his estate has been settled". The
Bill Gates (frontiersman) Bill Gates (frontiersman) "Swiftwater" Bill Gates (died 1935) was an American frontiersman and fortune hunter, and a fixture in stories of the Klondike Gold Rush. He made and lost several fortunes, and died in Peru in 1935 pursuing a silver strike. In one famous Klondike story he presented Dawson dance hall girl Gussie Lamore her weight in gold. Gates was married briefly to Grace Lamore in 1898; he later married Bera Beebe, with whom he fathered two sons, Fredrick and Clifford. Gates subsequently abandoned her for 15-year-old Kitty Brandon, his niece. His biography "The True Life Story of Swiftwater Bill