Monday, March 22, 2021

Bill Gates: My ‘best investment’ turned $10 billion into $200 billion worth of economic benefit

Investing in global health organizations aimed at increasing access to vaccines created a 20-to-1 return in economic benefit, billionaire Microsoft co-founder and philanthropist Bill Gates told CNBC on Wednesday.

Over the past two decades, the Bill and Melinda Gates Foundation has donated “a bit more than $10 billion” into mainly three groups: the Global Alliance for Vaccines and Immunization, the Global Fund to Fight AIDS, Tuberculosis and Malaria, and the Global Polio Eradication Initiative.

“We feel there’s been over a 20-to-1 return,” yielding $200 billion over those 20 or so years,

 https://www.cnbc.com/2019/01/23/bill-gates-turns-10-billion-into-200-billion-worth-of-economic-benefit.html

No comments:

Post a Comment