- Bill Gates will donate 99 per cent of his remaining wealth, estimated at $107 billion, to the Gates Foundation.
- This makes him one of history's most generous philanthropists.
- The foundation will close in 2045, two decades earlier than initially planned.
- The donation will allow the foundation to spend an additional $200 billion over the next 20 years on global health and US education initiatives.
- Gates aims to maximise the impact of his philanthropy by spending down his fortune now.
IN FULL
