Bill Gates donates $750 million to fight AIDS, TB and malaria
44 replies, posted
[QUOTE]Davos, Switzerland (CNN) -- The Bill & Melinda Gates Foundation will inject $750 million into the Global Fund to Fight AIDS, Tuberculosis and Malaria, Microsoft co-founder Bill Gates announced Thursday at the World Economic Forum.
The donation comes in the form of a promissory note, not as cash, which the Gates Foundation said "gives the Global Fund the flexibility and authority to distribute funds efficiently based on immediate needs."
"By supporting the Global Fund, we can help to change the fortunes of the poorest countries in the world," Gates said in a statement. "I can't think of more important work."
At a news conference at the World Economic Forum in Davos, Gates said the funds could be used immediately to "saves lives, whether it is bed nets (to protect against mosquitoes carrying malaria) or TB (tuberculosis) treatment, those are two diseases that don't get perhaps the visibility of the work done in HIV but they are every bit as important."
The investment comes on top of $650 million the Gates Foundation has already contributed since the Global Fund was launched 10 years ago.
The fund has been under scrutiny after controversy over the possible misuse of funds. Dr. Michel Kazatchkine, executive director of the fund, said Tuesday he would resign in March after leading the organization for five years. Kazatchkine cited the fund's decision to appoint a general manager as part of its "ambitions transformation plan" as the reason for his departure.
Speaking to journalists with Simon Bland, the Global Fund's chair, Gates downplayed the controversy.
The way it had been written about was "pretty disappointing," he said. "If you are going to do health programs in Africa, you are going to have some percentage that is misused."
"The interest is saving lives," Gates said, adding there were "all sorts of things that are going on that far overwhelm any amount of misdirection or whatever it was."
[/QUOTE]
Source: [url]http://www.cnn.com/2012/01/26/health/switzerland-gates-donation/index.html?hpt=hp_t1[/url]
Bill Gates is also best bro. Him and Gabe.
[img]http://www.billgatesmicrosoft.com/bill-gates.jpg[/img]
Wow that's pretty generous
And now Hundreds of desperate Mercenaries will get their Malaria Pills.
This man is a Hero to us all.
misread TB in the title as TPB.
was really confused for a second.
I do not get why everyone hates him, Bill is a bro.
When you make that kinda donations, that's when a tax break is reasonable
He probably found it in his back pocket and said "Oh thats where I left it!... Might aswell give it away as if I had never found it, not like I really need it anyway..."
Awesome.
[QUOTE=goon165;34400569]And now Hundreds of desperate Mercenaries will get their Malaria Pills.
This man is a Hero to us all.[/QUOTE]
I don't get why people always feel the need to make a dumb Far Cry 2 joke every time malaria is brought up.
It's a serious disease that kills hundreds of thousands of people each year.
This is the level of philanthropy that other billionaires should adopt. Only then are the tax cuts even remotely excusable.
[QUOTE=Boxbot219;34400711]I don't get why people always feel the need to make a dumb Far Cry 2 joke every time malaria is brought up.
It's a serious disease that kills hundreds of thousands of people each year.[/QUOTE]
jesus, no fun allowed.
[QUOTE=The golden;34400663]When you make as much money as Gates, you laugh in the face of taxes.[/QUOTE]And then you want to pay more taxes
[url]http://thinkprogress.org/economy/2012/01/25/411283/bill-gates-taxes-justice/[/url]
I didn't see Steve Jobs doing anything like this.
[QUOTE=goon165;34400742]jesus, no fun allowed.[/QUOTE]
It wouldn't be as bad if it wasn't for the fact that pretty much any time something related to malaria is posted someone makes this dumb joke.
If malaria news was as common as sopa/pipa/acta news then this would be as widespread and awful as arrow in the knee jokes.
He's definitely a God loving Christian!
The blasphemous atheists would never do any good deeds,right?
[QUOTE=znk666;34400931]He's definitely a God loving Christian!
The blasphemous atheists would never do any good deeds,right?[/QUOTE]
don't start it
[QUOTE=znk666;34400931]He's definitely a God loving Christian!
The blasphemous atheists would never do any good deeds,right?[/QUOTE]
What does religion have to do with this.
[QUOTE=Boxbot219;34400711]I don't get why people always feel the need to make a dumb Far Cry 2 joke every time malaria is brought up.
It's a serious disease that kills hundreds of thousands of people each year.[/QUOTE]I don't get why people always feel the need to make a dumb "arrow to the knee" joke at just about every opportunity. Arrows to the knee are serious wounds that can easily kill people if not ruin lives.
In other news, good job Bill. Hopefully this will lead to some discoveries regarding AIDS, TB, and malaria. If not, some damn cures then.
[QUOTE=znk666;34400931]He's definitely a God loving Christian!
The blasphemous atheists would never do any good deeds,right?[/QUOTE]
Before the shit train that znk666 is prepping starts I think it would be interesting to know that Bill Gates is agnostic.
And he still has like 60 billion dollars.
It's kinda stupid that we need [I]that[/I] much money to fight these diseases to begin with. I can understand that nearly everything can draw a profit...but, especially with medicine, it really is crazy.
[QUOTE=doommarine23;34400982]What does religion have to do with this.[/QUOTE]
In his mind everything is to do with religion
-snip-
[QUOTE=Scrimp;34400789]I didn't see Steve Jobs doing anything like this.[/QUOTE]
because hes dead
[QUOTE=Trunk Monkay;34401690]because hes dead[/QUOTE]
I know you're probably just trying to be funny, but yeah NOW he is. He was alive and rich for decades and never donated shit to charity.
[QUOTE=Gekkosan;34400628]When you make that kinda donations, that's when a tax break is reasonable[/QUOTE]
But then it wouldn't be a donation.
Also he can deduct donations taxes from taxes anyway.
[QUOTE=Bones85;34401723]Yeah NOW he is. He was alive and rich for decades and never donated shit to charity, so your point is void.[/QUOTE]
that post was too dumb to edit away so here it is preserved
[QUOTE=Scrimp;34400789]I didn't see Steve Jobs doing anything like this.[/QUOTE]
It's a shame that what ever Gates does, it will always be compared to what Jobs did or did not do, like this post.
[QUOTE=Emperor Scorpious II;34401778]It's a shame that what ever Gates does, it will always be compared to what Jobs did or did not do, like this post.[/QUOTE]
Maybe because they are both iconic figures of a world changing technology?
Maybe because Apple always marketed Windows PCs as dull, boring and its own stuff as hip, trendy, fun and all around super-duper friendly to the world and everyone?
[QUOTE=Killuah;34401830]Maybe because they are both iconic figures of a world changing technology?
Maybe because Apple always marketed Windows PCs as dull, boring and its own stuff as hip, trendy, fun and all around super-duper friendly to the world and everyone?[/QUOTE]
I just felt as if it's like no matter what Gates does, he'll always be in the shadow of Jobs simply due to Jobs advertising "hip and popular" opposed to Gates' "workable".
Sorry, you need to Log In to post a reply to this thread.