Bill Gates, a billionaire, has decided to commit to sharing his wealth with others and added that he will someday “drop off” the list of the world’s richest people.
It happened at the same time the co-founder of Microsoft revealed he would give $20 billion (£17 billion) to his charitable organization.
The fourth-richest individual in the world claimed he had a “responsibility” to give back his wealth to society.
In 2010, Mr. Gates made a commitment to donate his wealth, but since then, it has more than doubled.
According to Forbes magazine, he is presently worth $118 billion, although that amount will drop dramatically following his donation in July to the Bill & Melinda Gates Foundation, the charity organization he founded with his ex-wife in 2000.
