Bill Gates Foundation to shut down in 2045
The Bill Gates Foundation plans to shut down its operations in 2045, after committing to provide equitable AI tools to schools, frontline health care workers, and farmers worldwide. Out of the $1 billion commitment, 40% will be directed towards education, with a $400 million investment targeted at U.S. and international classrooms. This funding aims to help up to 10 million more Americans earn valuable credentials by 2045, the year the foundation intends to close its doors.
In May 2025, Bill Gates announced the foundation's closure for December 31, 2045, and pledged to use his remaining personal wealth to fund foundation efforts focused on saving and improving lives globally. The donated funds are estimated to be fully spent by the end of 2045.
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