Finance

Bill Gates Shocking Announcement: Foundation Set to Close in 2045 Amidst Scathing Criticism of Elon Musk!

2025-05-08

Author: Noah

Bill Gates' Bold Future Plans

In a ground-shaking announcement, Bill Gates revealed that he intends to dissolve the Gates Foundation by the year 2045. But that's not all—he also launched a fierce critique against Elon Musk for significantly cutting funding to the US Agency for International Development (USAID), which Gates warns could have catastrophic consequences for the world’s most vulnerable populations.

Critique of Musk's Actions

In a revealing interview with the Financial Times, Gates didn’t hold back his disdain for Musk's recent actions. He accused the Tesla tycoon of 'killing the world’s poorest children' due to funding cuts that have resulted in crucial food and medicines going to waste, with dire implications for global health.

A Dire Situation in Global Health

Gates emphasized the potential resurgence of dangerous diseases like measles, HIV, and polio, attributing this to the dismantling of USAID under Musk’s misguided initiatives. 'The picture of the world's richest man killing the world's poorest children is not a pretty one,' he lamented.

Musk's Troubling Decisions{

Gates elaborated on how Musk's cuts affected vital medical programs, including the cancellation of grants to a hospital in Gaza province, Mozambique. This facility was pivotal in preventing the transmission of HIV from mothers to their newborns—an action Gates labeled as based on dangerous misconceptions.

A Call to Accountability

Gates challenged Musk directly, suggesting he should meet the children affected by these drastic funding cuts. In another interview with the New York Times, Gates minced no words, stating Musk 'put USAID in the wood chipper because he didn’t go to a party that weekend'.

Philanthropy Under Scrutiny

When asked about Musk’s commitment to The Giving Pledge—a philanthropic vow endorsed by Gates, Melinda French Gates, and Warren Buffett—Gates noted the peculiar loophole that allows wealthy individuals to wait until their deaths to fulfill their promises. 'So who knows? Musk could go on to be a great philanthropist,' he noted, but added that in the meantime, the consequences of his actions are stark.

A Grim Outlook for the Future

Gates warned that due to funding cuts initiated during the Trump administration, childhood mortality rates could see an increase of an additional million deaths annually. He has devoted himself to counteracting this trend.

A Pledge for the Future

Despite the turmoil and criticism, Gates remains optimistic about the future of his foundation. In a recent blog post, he pledged to distribute nearly all of his wealth over the next two decades, aiming to enhance lives globally before the foundation closes its doors on December 31, 2045. 'By accelerating our giving, my hope is we can put the world on a path to ending preventable deaths of moms and babies and lifting millions out of poverty,' Gates wrote.

Can the Wealthy Save the World's Poor?

As Gates prepares for the closing chapter of his philanthropic journey, he expressed uncertainty about whether the world's wealthiest countries will continue to advocate for their poorest citizens. However, his foundation remains committed to uplifting people and countries from poverty, seizing every opportunity to make a difference. Together, they aim to spend a staggering $200 billion on these efforts by 2045, which could change the lives of countless individuals.