Breaking: Bill Gates to wind down his massive foundation

The philanthropist will wind down his charity in 20 years, doubling spending over that time to accelerate the work it hopes to achieve.

Log In    Subscribe BREAKING NEWS   Bill Gates to wind down his massive foundation By Helen Branswell JEFF PACHOUD/AFP via Getty Images Philanthropist Bill Gates announced Thursday that he will wind down his massive charity in 20 years, doubling spending over that time to $200 billion to accelerate the work it hopes to achieve.   The move comes at a time when the international aid sphere is reeling from the abrupt and almost total withdrawal of the United States.  READ MORE Sign up for Weekend Reads Informed, thought-provoking stories to start your weekend right. Learn more. In Case You Missed It 1   'We've vanished': U.S. aid cuts leave health workers around the world reeling By Andrew Joseph 2   As financial prospects for gene therapies dim, an ambitious charity picks up the torch By Andrew Joseph 3   Despite its cancer-fighting mission, NCI starts to feel Trump administration budget ax By Angus Chen and Jason Mast 4   8 possible indicators of how RFK Jr.'s HHS will handle vaccine policy By Helen Branswell Get your first 3 months for $30 Unlock access to STAT's award-winning journalism, premium data tools, and must-read, subscriber-only newsletters. Learn more STAT, 1 Exchange Place, Boston, MA ©2025, All Rights Reserved. I no longer wish to receive STAT emails Update Newsletter Preferences • Contact Us • Advertise with Us