This donation is one of the largest charitable pledges ever made, even bigger than those of famous philanthropists like John D. Rockefeller and Andrew Carnegie when adjusted for inflation.
Only Warren Buffett’s pledge, valued at around $160 billion, could be larger, depending on the stock market.
Gates’ decision shows his strong commitment to improving global health and U.S. education. It also reflects a plan to eventually bring the foundation’s work to a close.
In September 2024, Gates announced a $2.8 billion investment to improve healthcare, nutrition, and farming in Nigeria. He also emphasized the importance of primary healthcare, saying that without good health in Nigeria, “there can be no opportunity.”
He noted that despite the country’s wealth, Nigeria spends only about N3,000 per person each year on basic healthcare something he believes needs to change.
