Bill Gates and his wife Melinda have donated $10 million for the improvement of the living conditions of the urban poor in South Africa.
The South African Federation of the Urban Poor on Thursday disclosed this in statement saying the money was donated by the Bill and Melinda Gates Foundation.
The money would be directed through the [...]
Financial Times: Why is education such a focus for you?
Eli Broad: I think it’s the biggest problem America has. If you really look at drop-out rates, Detroit is the worst. Only 23 per cent of kids graduate. In most urban areas it’s about 50 per cent graduate. And if you see what’s happening in other [...]
The Bill & Melinda Gates Foundation committed $50 million to help fight HIV in China, where the number of people living with the AIDS-causing virus is growing by about 100 a day.The foundation, co-led by billionaire Bill Gates, Microsoft Corp.’s chairman, will donate $20 million to China’s Health Ministry and $30 million for use as [...]
It’s hard to determine what’s more surprising about Microsoft Corp.’s investment in Facebook Inc. — the appraisal that valued a 3 1/2-year-old Internet hangout at $15 billion or the rare snub of online search leader Google Inc.The $240 million price Microsoft paid for a 1.6 percent stake in Facebook demonstrates just how badly the world’s [...]
Billionaire philanthropists Bill and Melinda Gates urged the international community Wednesday to seize on a “historic opportunity” to eradicate malaria around the world.The founders of the Bill and Melinda Gates Foundation said an influx of new research, funds and energy in the public and private sectors to combat malaria has made them optimistic that their [...]
