Bill Gates pledges to give away nearly all his wealth and close his foundation in 2045

Microsoft co-founder Bill Gates has given himself a 20-year timeline to "give away virtually all my wealth."The Gates Foundation says it has given away more than $100 billion dollars during its first 25 years, and will double that over the next 20 years. Gates said he made the decision after reading "a lot of books."MURDER OF HEALTHCARE EXECUTIVE TRIGGERS SURGE IN PERSONAL SECURITY REQUESTS DUBBED 'LUIGI EFFECT'CLICK HERE TO READ MORE ON FOX BUSINESS"One of the best things I read was an 1889 essay by Andrew Carnegie called The Gospel of Wealth," the chairman of the Gates Foundation wrote. "It makes the case that the wealthy have a responsibility to return their resources to society, a radical idea at the time that laid the groundwork for philanthropy as we know it today."This is a developing story. Check back for updates.Weiter zum vollständigen Artikel bei FOX Business Weiter zum vollständigen Artikel bei FOX Business