American entrepreneur and philanthropist Bill Gates announced on May 8 that he will donate almost all of his personal wealth through the Gates Foundation over the next 20 years to save and improve lives around the world. On the same day, the Gates Foundation announced two major decisions: first, the total donation amount will increase to 200 billion US dollars over the next 20 years, and the other is that it plans to permanently close the institution on December 31, 2045. Notably, this year marks the 25th anniversary of the foundation's establishment, and has already donated 100 billion US dollars.

American entrepreneur and philanthropist Bill Gates announced on May 8 that he will donate almost all of his personal wealth through the Gates Foundation over the next 20 years to save and improve lives around the world. On the same day, the Gates Foundation announced two major decisions: first, the total donation amount will increase to 200 billion US dollars over the next 20 years, and the other is that it plans to permanently close the institution on December 31, 2045. Notably, this year marks the 25th anniversary of the foundation's establishment, and has already donated 100 billion US dollars.