Bill Gates shows what the end of perpetual philanthropy looks like

Bill Gates shows what the end of perpetual philanthropy looks like

Bill Gates attends the Clinton Global Initiative 2024 Annual Meeting, in New York City. For the last quarter-century, Bill Gates has been the donor behind what has long been one of the nation’s largest private philanthropic foundations, a behemoth that has long dwarfed nearly all other charitable institutions.  The Gates Foundation, in its commitment to a large, professionalized staff, driven by quantifiable data, and with its focus on global he…

Billionaire Philanthropy Faces a Moment of Reckoning

Bill Gates is an optimist. He believes the world will be a better place in 20 years, that diseases like polio, measles and malaria will be eradicated, and that there will be other rich people lining up to fill the void when, as he announced recently, his foundation shuts its doors in 2045. Of all these audacious goals and wishes, it’s the last that might be the furthest out of reach. Gates is right that there will be plenty of rich people in two…