Bill Gates Just Donated $4.6 Billion To Charity

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Bill Gates, the beloved billionaire tycoon and all-round good egg, has just given away 5 per cent of his fortune.

If that were a donation made by us mere millennial mortals on meagre salaries, it wouldn’t stretch much past a pint. But Bill Gates’ little gift totals an eye-watering $4.6 billion.

Gates made the donation in 64 million shares of Microsoft on June 6, according to a Securities & Exchange Commission filing, as reported by Bloomberg.

Andy Mettler/World Economic Forum

The recipient of this latest pledge has not been identified, but Gates – the richest man in the world – earned the title of philanthropist for donating much of his vast personal wealth to the Bill and Melinda Gates Foundation.

This would bring the 61-year-old Microsoft co-founder’s total donations to his foundation to $18 billion.

It’s also the largest gift of Microsoft shares that Gates has made since 2000. His stake is now down to 1.3 per cent from 24 per cent in 1996.

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He gave away $16 billion worth of Microsoft shares in 1999 and $5.1 billion a year later, according to calculations by Bloomberg.

It marks another leap in the forward-thinking philanthropist’s pledge to donate a lion’s share of his wealth to charity.

…Still waiting for my cut.