Bill Gates Donates $750 Million to Fight AIDS, TB and Malaria

· January 26, 2012

Davos, Switzerland (CNN) — The Bill & Melinda Gates Foundation will inject $750 million into the Global Fund to Fight AIDS, Tuberculosis and Malaria, Microsoft co-founder Bill Gates announced Thursday at the World Economic Forum.

The donation comes in the form of a promissory note, not as cash, which the Gates Foundation said “gives the Global Fund the flexibility and authority to distribute funds efficiently based on immediate needs.”

“By supporting the Global Fund, we can help to change the fortunes of the poorest countries in the world,” Gates said in a statement. “I can’t think of more important work.”

At a news conference at the World Economic Forum in Davos, Gates said the funds could be used immediately to “saves lives, whether it is bed nets (to protect against mosquitoes carrying malaria) or TB (tuberculosis) treatment, those are two diseases that don’t get perhaps the visibility of the work done in HIV but they are every bit as important.”

The investment comes on top of $650 million the Gates Foundation has already contributed since the Global Fund was launched 10 years ago.

The way it had been written about was “pretty disappointing,” he said.

“If you are going to do health programs in Africa, you are going to have some percentage that is misused.”

“The interest is saving lives,” Gates said, adding there were “all sorts of things that are going on that far overwhelm any amount of misdirection or whatever it was.”

Gates pockets are deep but this make a total of 1 billion cures for diseases.

  • wobeli

    Sounds good, just hope the funds are allocated in the right way. Step in the right direction.

    • presto 2.0

      +1

  • fRank Nitti

    its the least that the “Microsoft Windows For Investigations” founder could do

    • MoorFedayeen

      Well he’s a Jew so…

  • MoorFedayeen

    I remember a joke on comedy central with the Daily Show were Gates donated $100 mill to fight AIDS in India then asked himself wth he even put AIDS in India to begin with. There’s truth in every joke, this guys father was into eugenics and I’m 100% sure this guy will make a flip off this donation like all elites do. Fuck ‘em

    • fRank Nitti

      check out Romney… I need to become Amish… Their rep isnt squeeky clean but that dosent mean that they cant have street soldiers… When people think Amish thoughts of organised crime just dont generally pop up… Last night Iwas at my white neighbors house party and it was a young Amish stoner kid there that really tripped me out

      • MoorFedayeen

        Amish? I wouldn’t even be surprised. Far as the Amish stoner. First off how did he get there seeing that they don’t drive and real Amish don’t engage in worldly things such as alcohol and drugs. What was he wearing?

  • prince_kosmic
  • Kojo

    He will become the Tyrantical King of Africa.