Billionaire entrepreneur Bill Gates recently announced that he will donate 99% of his wealth by 2045.
Gates wrote in a blog post on May 8, "I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world." The Gates Foundation will permanently wind down on Dec. 31, 2045, he said.
The Gates Foundation has contributed more than $100 billion during the first 25 years and is expected to double the giveaway over the next two decades, the Microsoft founder wrote in the post.
However, crypto investigative journalist Stephen Findeisen, better known as Coffeezilla, was hardly impressed with the billionaire's plan. Findeisen wrote on X , "I've been hearing this for 15 years and every year Bill has more."
Coffeezilla is a prominent YouTuber and crypto investigative journalist known for exposing online scams, Ponzi schemes, and shady influencers. He gained widespread recognition for uncovering fraudulent crypto projects like SafeMoon and calling out influencers promoting pump-and-dump tokens.
Coffeezilla has built a reputation for in-depth research and confronting high-profile figures, often prompting public accountability within the crypto and finance world.
So far, Findeisen's critical post has garnered over 450,000 views and 15,000 likes.
Gates, along with his ex-wife French Gates and veteran billionaire investor Warren Buffett, launched the Giving Pledge initiative in 2010 to urge the world's wealthiest individuals to donate their wealth for philanthropic causes.
Note that Gates recently criticized Elon Musk, the world's wealthiest individual, for slashing government expenditure for the US Agency for International Development (USAID) through the Department of Government Efficiency (DOGE).
Slashing funds to the USAID would lead to millions of deaths around the world, Gates warned. The world is in a “global health emergency” due to the U.S. government spending lower funds on health programs, he added.
As per Bloomberg , Bill Gates's total net worth is $170 billion and he is the world's fifth wealthiest individual.
