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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."

20 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:just like all the other robber barons by jbellows_20 · · Score: 5, Informative

    This isn't the only donation the foundation has made. According to wikipedia the foundation donates about $1 Billion a year. That's a hefty amount even for the rich Bill Gates.

  4. Anti trust by Anonymous Coward · · Score: 5, Funny

    I still think it is wrong for Microsoft to get into the anti virus market.

  5. 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.

  6. 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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  7. Re:Bill screwed up with the wife again by Petronius · · Score: 5, Funny

    Talk about witholding sex in exchange of "helping"! Shheeeesh.

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  8. Re:Let's give a hand to Bill by SnarfQuest · · Score: 5, Funny

    ...but he already took an arm and a leg...

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  9. Good and Bad Steve and Bill by EuroChild · · Score: 5, Interesting

    After reading the article on steve jobs (http://apple.slashdot.org/article.pl?sid=05/10/31 /0355254&tid=3) and now this on bill gates, I move that we should have two icons for each: good steve and bad steve, borg bill and... saint bill?

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  10. Re:Hundreds of Millions of dollars to fight Malari by Ether · · Score: 5, Informative

    Ugh no.

    See: http://kenethmiles.blogspot.com/2004_02_01_kenethm iles_archive.html#107570569615970184 . In short, the myth of agricultural bans on DDT preventing the public health use of DDT is demonstrably false.

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  11. Re:Reminds me of John D. Rockefeller by ville · · Score: 5, Funny

    Actually he has to do it if he wants to get any.

    // ville

  12. He also donated... by mandreiana · · Score: 5, Informative

    ...more than $1bn to fight cancer

  13. Re:Let's give a hand to Bill by tabatj · · Score: 5, Funny

    Its the first thing he has ever done to _stop_ the spread of viruses.

  14. 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 david_anderson · · Score: 5, Interesting

      Well said!

      My girlfriend worked for the foundation for 4 years, and I got to see the passion that Bill and Melinda feel for these issues. They have held those AIDS babies in their arms in those clinics in Africa. They really do care.

      I don't like how Bill got his money, but I have complete respect for what he is doing with it.

    2. 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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    3. 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?

  15. Re:Microsoft != Gates by david_anderson · · Score: 5, Interesting

    Bill did not want to get into the charity work till he retired. His mother had been after him since early on.

    At this point, he is very involved in all the major decisions and directs them on a daily basis. Melinda is there much of thetime, as is Bill Sr.

    Melinda goes on several trips a year to find out about the work that the foundation is doing, and the whole family has spent time in clinics in Africa.

    As for the funding, it is a foundation, not a regular charity. All the money in the foundation comes from Bill and Melinda, and they are still giving. Do you remember that one time microsoft dividend at the beginning of the year? They gave the entire dividend to the foundation.

    They really aren't in it to look good. The only tend to go public on their gifts when they want to bring attention to an issue.

  16. Anything but more Mefloquine HCL! by Stephen+Maturin · · Score: 5, Funny

    I'm currently in a country where Malaria prophylaxis is required... recently we switched from daily Malarone tablets to weekly Mefloquine HCL tablets. "Malaria Mondays" are also known as "movie night" because of the really bizarre dreams this shit induces.
    One of my co-workers woke up in the middle of the night, standing in the middle of his B-Hut (basically a wooden tent, sleeps 8-10 with about 9'x7x per man), screaming his head off at nothing.
    Last night, I dreamed I was accosted by a giant rooster wearing a shaggy fur coat, a wide brimmed velvet hat, gold chains, and big gold rings. He was giving me shit for eating eggs, and was really pissed off at me. He forced me to sit on this egg until it hatched. When the egg hatched, it was a miniature version of myself, dressed like the rooster, and carrying a pizza!

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  17. vaccine in six years? by rishistar · · Score: 5, Informative
    According to the New Scientist...

    Malaria vaccine possible within six years
    11:18 31 October 2005
    NewScientist.com news service
    Shaoni Bhattacharya

    A malaria vaccine could be available within 6 years if new trials of the most promising candidate prove successful, say experts.

    Malaria vaccine research received a $107.6 million injection of funds on Monday, part of a $258.3 million donation from the Bill and Melinda Gates Foundation for the study of malaria and its treatment.

    The cash boost will accelerate the development of an effective vaccine, says Melinda Moree, director of the Malaria Vaccine Initiative (MVI). The anticipated date for a vaccine could be as early as 2011. At one point what the world considered to be fairly unattainable is actually coming along quite rapidly, she told reporters. It is absolutely possible to make a vaccine against malaria."

    MVI will work with GlaxoSmithKline on the most promising vaccine candidate yet, called RTS,S, which, in trial in Mozambique, cut the rate of severe malaria in children aged 1 to 4 by 58%. This was the first time that a malaria vaccine candidate had shown protection against severe disease in children.

    The new series of planned trials will examine whether the vaccine is safe and effective when given to infants alongside other childhood vaccines. Research will then proceed to a phase III trial to permit licensing. The trials, to be conducted in locations across Africa, will have about 17,000 subjects.

    more at the url above.

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