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,
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