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Bill And Melinda Gates Talk About Trump, Charity, Their Children, And More

February 16, 2018 12:51

IT billionaire and one of the world's richest men, Bill Gates, opened up about his father, 92-year-old Bill Gates Sr. The octogenarian has been struggling with Alzheimer’s disease. The neural condition results in severe memory loss and limits cognitive abilities.

In a massive showing of support for people suffering the condition, Bill Gates has donated over $100 million on finding a possible cure for the disease. 50% of the money has been assigned to the Dementia Discovery Fund.

Bill and Melinda answer to the questions

Bill and Melinda Gates just released their Annual Report. This is the tenth year since the couple started sharing this report with the public. The document answers questions about the philanthropy activities and more. This year, Bill and Melinda answered to several tough questions people have been asking.

READ ALSO: Bill Gates Tells Why He Is Helping Fight Alzheimer’s Disease

Why they spend less in the United States

The couple spends about $ 500million in the United State annually but $4 billion worldwide. Their reason is that there are more people outside the U.S. in dire situations that can easily be changed with a lot less than imagined.

They have been accused of imposing values on other cultures with their push for adoption of modern medicine and modern infrastructure, especially in impoverished countries. The couple says this is not their intention. They constantly try to synergize with locals to achieve the best results in their work.

Support for foreign aid

The couple shared their concerns about President Trump and his kick against foreign aid. Trump has insisted that aid to other countries need to be greatly reduced.

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Climate change

Amidst the drama surrounding climate change in the Trump administration, Bill and Melinda continue to donate towards efforts tackling climate change. Besides commitments from the Bill and Melinda Gates Foundation, they also donate personal earnings as well.

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Why they give out most of their money

Many people have asked why Bill and Melinda seem to be giving away more of the money they make every year. Their answer is simple. They want to be able to make a change in the world and save lives in the process.

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Bill earlier revealed that his children were not going to inherit a lot of his wealth. Instead, he encourages them to work hard and make their own way in life.

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The couple has been working non-stop for over 18 years on several global projects. Even their children occasionally join them doing work for The Gates Foundation.

For the first time ever, the large-hearted billionaire gave a huge single donation to charity. Although specific information about the recipient has not been made public, the foundation is engaged in projects to improve global healthcare and reduce poverty.

The Gates Foundation is the largest private charity in the world with an estimated $40.3bn in funds.

READ ALSO: Jennifer Gates Will Inherit Just A Tiny Part Of Her Father’s $92.5 Billion Fortune

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