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Bill Gates begins wind-down of Gates Foundation:

Category : International
Published on: January 19 2026 Share on facebook

Microsoft co-founder Bill Gates has initiated the process of winding down the Bill & Melinda Gates Foundation, one of the world’s largest philanthropic organisations. The foundation is expected to close by 2045 after spending nearly $200 billion. It has announced a record $9 billion budget for 2026 and plans to reduce up to 500 staff positions over the next five years.

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