Microsoft founder Bill Gates will sunset his foundation in two decades. Justin Tallis-WPA Pool/Getty Images

To mark the 25th anniversary of the Bill and Melinda Gates Foundation, Bill Gates is announcing plans for its closure. The foundation, which has grown into the world’s largest charitable organization, will shut its doors by 2045 after spending down $200 billion of both its endowment and the remainder of Gates’ personal fortune, the philanthropist said in a blog post published today (May 8). Gates’ net worth currently stands at $112.5 billion. The foundation’s endowment stood at $77 billion at the end of 2024.

Sign Up For Our Daily Newsletter

Thank you for signing up!

By clicking submit, you agree to our terms of service and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime.