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.
Aug. 27 (Bloomberg) -- Bloomberg's Betty Liu, Julie Hyman and Alix Steel report on today's ten most important stocks on “In The Loop.” (Source: Bloomberg)
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How long does it take you to completely unpack after moving in?
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- 3 days – I'm an unpacking MACHINE!
- I need a full month just to figure out where to put everything!
- 3 months – I use the boxes as end tables!
- NEVER! I still haven't unpacked everything from the last move.