News Alerts

I have no use for money: Bill Gates

London : William Henry ‘Bill’ Gates with an estimated wealth of $65 billion is as rich as two Kenyas, three Trinidads and a dozen Montenegros but is now engaged in the process of ridding himself of all the money in the hope of extending the lives of others less fortunate than himself. Having already given away $28 billion, the 57- year-old Microsoft co-founder now intends to eradicate polio, the Telegraph reported. “I’m certainly well taken care of in terms of food and clothes,” Gates said.

“Money has no utility to me beyond a certain point. Its utility is entirely in building an organisation and getting the resources out to the poorest in the world.”

Gates owns a lakeside estate in Washington state worth about $150 million. The house has a swimming pool equipped with an underwater music system. But even at the age of 57, Gates is a restless man and wants something more.

Gates and his wife Melinda have so far given away $28 billion via their charitable foundation, more than $8 billion of it to improve global health. “We’re focused on the help of the poorest in the world, which really drives you into vaccination. You can actually take a disease and get rid of it altogether, like we are doing with polio,” Gates told the daily.

Polio’s pretty special because once you get an eradication you no longer have to spend money on it. It’s just there as a gift for the rest of time.” The disease is still endemic in Nigeria, Pakistan and Afghanistan. There is, however, one obstacle.

Islamist groups believe polio vaccination was a front for covert sterilization and other western evils. “It’s not going to stop us succeeding. It does force us to sit down with the Pakistan government to renew their commitments, see what they’re going to do in security and make changes to protect the women who are doing God’s work and getting out to these children and delivering the vaccine,” Gates said. In 1990, some 12 million children under the age of five died.

The figure today is about seven million, or 19,000 per day. According to the UN, the leading causes of death are pneumonia (18 percent), pre-birth complications (14 percent), diarrhoea (11 percent), complications during birth (nine percent) and malaria (seven percent). The Bill and Melinda Gates Foundation will spend $1.8 billion in the next six years to tackle polio.

“All you need is over 90 percent of children to have the vaccine drop three times and the disease stops spreading. The number of cases eventually goes to zero.” “When we started, we had over 400,000 children a year being paralysed and we are now down to under 1,000 cases a year. The great thing about finishing polio is that we’ll have resources to get going on malaria and measles,” Gates said

:(

Farhan Abro

Hello! My name is Farhan Abro, and I'm based here in Islamabad. My journey in Pakistan's digital media really kicked off when I founded INCPak back in 2012. We built it from the ground up, driven by an entrepreneurial spirit, to be a trusted voice for independent journalism. But while media is a big part of who I am, I'm also shaped by a fascinating mix of other passions. I'm deeply into automotive, which gives me a technical edge, but I also find my artistic expression through landscape photography and music. And I'm always diving into the exciting world of Artificial Intelligence. Bringing all these different worlds together the technical, the creative, the journalistic, and the entrepreneurial—it really colors how I see things and approach every project. It gives me a distinct perspective that I try to bring to everything I share

Related Articles

Back to top button