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.
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/