Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs
Conventional wisdom tells us all good things must come to an end. And that’s what the Gates Foundation is preparing for. Bill Gates and Melinda French Gates told Fortune first about their plans to shutter their $86 billion charitable foundation in 2045. (French Gates is no longer part of the foundation, having stepped down in 2024 from her role following the couple’s divorce. She now runs her own foundation, Pivotal Philanthropies, focused on gender equality and global health.)
This year...