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Bill Gates Donates $258 Million to Fight Malaria

klubar writes to tell us that Bill Gates has donated approximately $258 million to fight malaria. From the article: "Malaria research accounts for about one-third of 1 percent of the total amount of money spent on medical research and development, even though it accounts for 3 percent of all the productive years of life lost to diseases, according to a report released Sunday." Gates was quoted saying "The report confirms what has been clear, and that is that the world isn't investing nearly enough in malaria R&D."

7 of 694 comments (clear)

  1. Bless The Man by SRA8 · · Score: 5, Insightful

    I know Microsoft (and accordingly Bill Gates) hasnt been the fairest of competitors, but lets give the guy credit -- he appears to have genuine goodwill. Business is business and Microsoft is far from the most evil. For those on a MSFT warpath, perhaps your anger would be better turned towards Halliburton, Bechtel, Exxon or the NeoConservatives -- they create far more death, destruction, and misery in the world than Microsoft can or will ever do.

  2. Bill never was Mr Popular.... by Ribbo.com · · Score: 5, Insightful

    Bill is a generous guy, although yes it is easy to be generous when you're not putting yourself out. I have a lot of respect for him tackling the important issues rather than the popular ones. (There are a ton of people donating to the charities in the headlines, just to get in the headlines themselves, Red Cross right now at number 1) Bill is going for the forgotten charities which are just as, if not more, important due to the devastation malaria has on the human population. As always, Bill is not being cool, and that's a good thing!

  3. Re:Let's give a hand to Bill by stonedonkey · · Score: 5, Insightful

    Agreed. Gates is right, it seems like malaria is almost overlooked even in the media with all the focus on AIDS, cancer, killer bees, avian flu, anthrax threats, SARS, etc...

    That's because malaria, unlike those in your list, typically occurs Somewhere Far Away.

  4. Malaria deaths by dfjghsk · · Score: 5, Insightful
    At the end of 2004, 107 countries and territories had areas at risk of malaria transmission. Some 3.2 billion people lived in areas at risk of malaria transmission.

    An estimated 350-500 million clinical malaria episodes occur annually. At least 2.7 million die per year from Malaria.

    Malaria is responsible for one in four global child deaths. These deaths could be prevented by means which are simple, effective and available.

    So lets all give a hand to Bill Gates for helping prevent at least some of these deaths.

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  5. That's ridiculous by backslashdot · · Score: 5, Insightful

    Ok, how much money do you think he makes in Africa?? Over $258 million?? LOL! Sorry but piracy is rampant there. It's possible to suspect everyone of having ulterior motives no matter what they do. If you look with hateful, bitter, and cynical eyes, you can make yourself see selfishness in everyone's actions.

    "Mother Teresa liked feeling important and only helped people because it made herself feel good and needed"

    Most of the time when people believe such things, it is because they themselves are unable to feel charitable to anyone or anything. So they cannot understand when others do something charitable. All they do is throw stones rather than replicate or surpass the charity they criticize.

    After all, who wants someone they hate to be better than themselves?

    Bill Gates believes in helping people, and he has given a large portion of his wealth to helping these countries get out of poverty and disease. This is fact. The "Return On Investment" on helping Africa is multiple decades, long after he's dead. And even believing that Africans can be productive enough to provide a ROI to Microsoft is itself above and beyond everyone else's "Africa is a basket case" attitude on Africa.

    What someone does in business, however shrewd, does not mean they don't genuinely feel for those who are suffering.

    1. Re:That's ridiculous by Meddel · · Score: 5, Insightful

      I don't know what kind of philanthropy gives out less than it takes in and never more than ~5% of its net worth

      The kind that's intended to last forever, so that it can continue giving out 5% of its net worth in perpetuity.

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    2. Re:That's ridiculous by crmaddocks · · Score: 5, Insightful

      I suggest you look up "charitable foundation" and remind yourself of what it means. http://en.wikipedia.org/wiki/Charitable_foundation

      The whole idea is that a principal is invested so that the recurring interest can be put to good use. It's a way of ensuring stable, sustainable giving. The fact the net worth of the Foundation is growing every year means they have more to give. In that light, 5% sounds about right (or even high) for current interest rates, don't you think?