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Bill Gates pledges his remaining fortune to the Gates Foundation, which will close in 20 years
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FILE - Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Sept. 21, 2022, in New York. - photo by AP Photo/Evan Vucci, File
SEATTLE (AP) — Bill Gates says he will donate 99% of his remaining tech fortune to the Gates Foundation, which will now close in 2045, earlier than previously planned. Today, that would be worth an estimated $107 billion. The pledge is among the largest philanthropic gifts ever – outpacing the historic contributions of industrialists like John D. Rockefeller and Andrew Carnegie when adjusted for inflation.