Gates Donates $500M+ To Fight Malaria and Other Diseases
jones_supa writes In the 63rd annual meeting of the American Society of Tropical Medicine and Hygiene in New Orleans, Bill Gates announced that he will donate over $500 million to fight malaria and other infectious diseases in the developing world. Gates described the Ebola epidemic that has killed more than 4,900 people in West Africa since the beginning of the year as a "critical moment in the history of global health", and said it underscores the need for stronger efforts to stay ahead of disease threats such as drug-resistant malaria and dengue fever. The more than $500 million announced Sunday includes over $150 million to the PATH Malaria Vaccine Initiative to advance development of next-generation malaria vaccines, and $29 million to the Clinton Health Access Initiative to support malaria elimination efforts in Southern Africa and the Greater Mekong Sub-region of Southeast Asia.
How many posts until someone finds a way to still hate on him, despite the fact that he's done more for the poor than all of us put together?
How many Apple fans will make fun of him, in spite of the fact that Steve Jobs never gave a dime to charity?
How many of you will take a potshot at Microsoft, even though Bill hasn't worked there in years?
SJW's don't eliminate discrimination. They just expropriate it for themselves.
You will not stomp on my spirit, sir.
... he took so much, he is having trouble spending it all before he dies.
It little behooves the best of us to comment on the rest of us.
Yes, but it is in the form of 2,500,000 Windows 8.1 licenses. That might be so repugnant that it would repel mosquitos, too.
That is great! The developing world will have access to a real operating system instead of the toy Linux!
Eh had you said windows 7 then maybe one could agree. But there isn't an os out there right now that feels more like a baby's 1st pc kind of OS than windows 8.x.
First I think it's commendable that he is giving back. Fortune has been kind to him and it is only appropriate that he reciprocate in some small way.
By small I might point out that Forbes lists his net worth as $76B for 2014(1). So that $500M donation is roughly equivalent to 0.7% of his net worth. To put his donation in a more realistic perspective it is equivalent to someone of median net worth(2) donating $310. Hardly worth lionizing the man over IMHO.
1. http://www.forbes.com/pictures/mel45hdjl/1-bill-gates/
2. http://money.cnn.com/2014/06/11/news/economy/middle-class-wealth/
Let us look at two numbers:
Add up all the money donated by Gates
Add up all of the money individually donated by all Linux supportes and contributors.
Enough said!
Thank you Mister Gates for working to improve the lives of millions of people.
Thank you Linux "community" for more pointless debates on DMARC vs. DKIM and the merits of systemd.
In fact he has utterly wasted so many hours of so many people that calling him a "mass murderer" becomes reasonable.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
While I don't doubt the intentions of Bill and others who want to try and people alive, sadly this is natures way of making sure the world doesn't get overcrowded. It's a sad fact but people NEED to die.
I want a few billion dedicated to fighting hay fever.
Let us look at two numbers:
Add up all the money donated by Gates Add up all of the money individually donated by all Linux supportes and contributors.
Enough said!
Thank you Mister Gates for working to improve the lives of millions of people. Thank you Linux "community" for more pointless debates on DMARC vs. DKIM and the merits of systemd.
To improve the lives of most Linux users, Gates should donate to basement air quality improvement efforts!
It's the Bill and Malinda Gates Foundation, it's been around since 2000, He and or his Wife regularly pump money into it.
This is less news than Tim Cook being gay.
I'm starting to think those news stories about smart phones and Google running everyone's long term memories may not be such BS after all...
This is great news, however I would like to know why LondonPharma's treatment (ArTiMist) is not being rushed out to malaria prone areas.
http://www.mrc-malaria.com/artimist-product/
"ArTiMistâ was designed with a child in mind; a child living in a challenging environment where healthcare resources can be very scarce and time is of the essence."
ArTiMistâ in 2011 was identified by Thompson Reuters as one of the Worldâ(TM)s 5 most promising drugs in Phase III clinical development.
Does not require medically trained personnel to administer
Not affected by GI complications
By passes the liver and the significant metabolism seen from the first pass effect.
Does not require a fatty diet for maximum effect
Rapidly absorbed
Negates risk of infection from needle injury
Can be administered in comatose patients
Does not require cold chain storage
Long shelf life
The USA is a dead cause anyway, might as well ship the resources to Africa. Who needs a jobs when there are healthy people in the heart of Africa?
just hand that money over to the government. Surely NIH or CDC or some other underfunded-but-ultra-efficient government body would know how to use that money better than Mr. Gate's sloppy private charities.
I mean, why would he want to shift $30B of his wealth and the future earnings it would generate into a foundation? A true American would have wanted the Government to get most, if not all, of that money. For the children.
And why oh why did he fund his foundation with appreciated Microsoft stock? By doing that he accidentally, I'm sure, missed his chance to pay his fair share of capital gain taxes to the Government to fund the wonderful things only the Government can do. I sure hope he didn't take a charitable donation deduction on top of that and compound his mistake?
And now I hear he's got Mr. Buffett all confused too! Mr. Buffett was so upset that his tax rates were so low, but he's making the same mistake Bill Gates made: donating appreciated stock *and* taking a charitable deduction *and* depriving the munificent folks at the Government with not only his donation but the taxes those donations avoided! Why think what his tax rates would have been had he simply sold the stock, paid the capital gains taxes, handed the proceeds to B&MGF, and chose to *not* take the deduction for doing so?!
In fact he has utterly wasted so many hours of so many people that calling him a "mass murderer" becomes reasonable.
Talk about a fucking First World Problem.
Ooh, I had to reboot my computer to complete the installation of a piece of software. Literally Hitler.
To have a right to do a thing is not at all the same as to be right in doing it
Some one with access to over 30B, 500M seems a bit cheap. Looks more like a PR want to look good in media rather then a true want to help.
()-()
Thanks! That was an interesting article to read! Techrights has also collected some Gates Foundation Critique.
Yes of course. And the developing nations need to oblige by buying Microsoft products.