Bill Gates to close foundation (and give away all his money) by 2045

Bill Gates is giving away all his wealth, and he's doing it faster than originally planned.

" I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world," the billionaire Microsoft founder said in a post on his blog.

According to Gates' plan, his net worth should drop 99 percent over the next two decades, from the $108 billion he owns now, to "virtually" zero.

Gates also said that...