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 Sr. Bill Gates Sr. William Henry Gates II (born November 30, 1925), better known as Bill Gates Sr., is an American retired attorney and philanthropist and author of the book "Showing Up for Life: Thoughts on the Gifts of a Lifetime". He is the father of Microsoft co-founder Bill Gates. One of a line of businessmen named William H. Gates, and sometimes called William Gates Jr. in his career, he is now generally known as William Henry Gates Sr. due to the greater prominence of his son William H. Gates III (Bill Gates). Gates was born in 1925 in Bremerton, Washington,