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article imageGates Foundation To Spend All Assets Within 50 Years

article:65221:12::0
By Andrew Majewski
Dec 1, 2006 in Business
By Andrew Majewski.
The Bill & Melinda Gates Foundation has said it will spend all of its assets within 50 years of them both dying, as the trustees want to focus the philanthropic foundation's work in the 21st century.
This includes the $44 BILLION Warren Buffet donated earlier this year. That is quite a bit of charity work that will be done during those 50 years. I bet alot will be accomplished with those kind of resources.
article:65221:12::0
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