In the great tradition of giving symbolised by Saint Nicholas, several real-life Santas from the modern age have shared their wealth in an effort to make the world a better place.
None more so than Bill Gates, the co-founder, public face of and driving force behind Microsoft, who was at one time the wealthiest man alive. Determined that such a potentially world-changing fortune should be used for good, Gates created the largest private foundation in the world. The principle focus so far of this organization has been tackling world health issues.
The Bill & Melinda Gates Foundation, guided by the passions of the Gates family and the principle that technology can change the world for the better, has an annual budget almost equal to that of the United Nations World Health Organization. The Foundation currently provides 17 per cent of the world budget for the attempted eradication of polio. Another big cause for the foundation is the fight against malaria.
Gates stepped back from his day-to-day role at Microsoft in 2008 in order to focus on his work with the Foundation.
March 7 (Bloomberg) –- On today’s “The Roundup,” Trish Regan, Tom Keene, Julie Hyman and Alix Steel wrap up the day’s top market stories on Bloomberg T... More March 7 (Bloomberg) –- On today’s “The Roundup,” Trish Regan, Tom Keene, Julie Hyman and Alix Steel wrap up the day’s top market stories on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Date 14-03-07, Duration 8:55, Views 720
Have your say
Is now a good time to buy a house?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- Yes, prices will continue to rise.
- No, Canada is facing a housing bubble and prices will eventually fall.
- I don't know.