has pledged to donate $20billion to his charitable foundation so it can increase its annual spending and help solve the world's 'big problems' and 'reduce suffering'.In the face of global setbacks including the pandemic, the war on and the devastating impact of , Gates said he was making the donation to 'help meet urgent global needs'.Gates, who set up the Gates Foundation with his now ex-wife Melinda in 2000, said he plans to give 'virtually all of his wealth' to the foundation - a move that he said will make him drop off of the list of the world’s richest people.
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