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The Donation of Gates Has Played a Great Role in Saving People



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By : anita zhu    zero times read
Submitted 2012-01-17 01:56:39
Financial information website Frugal Dad released data last week, indicating that since 2007, Chairman of Microsoft Bill Gates has donated $ 28 billion to charitable corporations, helping save nearly 600 million lives. This is really an amazing number. We can see how many contributions Gates has made to the world.

Data of Frugal Dad shows that since 2007, the Bill & Melinda Gates Foundation has donated $ 28 billion to charitable corporations. The number of donations accounts for 48% of Bill Gates' $ 59 billion net assets, and it is 2 billion U.S. dollars more than the foreign aid budget of U.S. government.

Through the provision of vaccines to improve health, Gates has saved 581.2 million lives. At the same time, not only he himself donated so much money, Gates also called on Warren Buffett and worked together to encourage other wealthy billionaires to make a contribution to charitable donations.

To this end, they launched a campaign of property donation named "The Giving Pledge". As of August in 2010, there have been 40 billionaires and their family in the United States committed that they would donate the vast majority of their property to charitable corporations. So far, donations that have been pledged are worth as much as $ 357 billion, of which at least $ 178.5 billion will be used for charity.

Frugal Dad pointed that, the total net assets of top 400 of U.S. Fortune evaluated by "Forbes" are 1.2 trillion dollars. if the 400 billionaires donate 50% of the assets (the minimum ratio regulated by The Giving Pledge), that is 6000 billion, which is equivalent to over 20mtimes more than the amount of charitable donations of the entire United States in 2010.

In view of Gates' great contributions to global charitable career and the education system of U.S., the show host of "The Daily Show" Jon Stewart has likened the Gates "Batman".

Frugal Dad said Gates might not have the same "special skills" as "Batman" and did not spend too much time cracking down on criminals, but he has solved some real problems that the world is in face of.
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