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Medicine The Almighty Buck

Gates Donates $500M+ To Fight Malaria and Other Diseases 106

jones_supa writes In the 63rd annual meeting of the American Society of Tropical Medicine and Hygiene in New Orleans, Bill Gates announced that he will donate over $500 million to fight malaria and other infectious diseases in the developing world. Gates described the Ebola epidemic that has killed more than 4,900 people in West Africa since the beginning of the year as a "critical moment in the history of global health", and said it underscores the need for stronger efforts to stay ahead of disease threats such as drug-resistant malaria and dengue fever. The more than $500 million announced Sunday includes over $150 million to the PATH Malaria Vaccine Initiative to advance development of next-generation malaria vaccines, and $29 million to the Clinton Health Access Initiative to support malaria elimination efforts in Southern Africa and the Greater Mekong Sub-region of Southeast Asia.
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Gates Donates $500M+ To Fight Malaria and Other Diseases

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  • by NotDrWho ( 3543773 ) on Monday November 03, 2014 @05:52PM (#48304845)

    How many posts until someone finds a way to still hate on him, despite the fact that he's done more for the poor than all of us put together?

    How many Apple fans will make fun of him, in spite of the fact that Steve Jobs never gave a dime to charity?

    How many of you will take a potshot at Microsoft, even though Bill hasn't worked there in years?

    • by peon_a-z,A-Z,0-9$_+! ( 2743031 ) on Monday November 03, 2014 @05:55PM (#48304863)
      Your comment posted at 4:52PM Eastern Time, followed by such a "hater" comment at 4:53PM Eastern time below.
    • by Savage-Rabbit ( 308260 ) on Monday November 03, 2014 @05:59PM (#48304909)

      How many Apple fans will make fun of him, in spite of the fact that Steve Jobs never gave a dime to charity?

      Did he? Even if he wasn't as generous as Bill, it seems you are wrong:
      http://www.dailymail.co.uk/new... [dailymail.co.uk]
      Now... how many Apple haters will try to use this to take cheap shots at Apple and to crap on the memory of Steve Jobs?

      • Re: (Score:3, Insightful)

        by arbiter1 ( 1204146 )
        wow 10's of millions, from a guy that made billions off over priced devices. Pretty freaking cheap of them to only donate that pocket change.
        • Re: (Score:3, Insightful)

          wow 10's of millions, from a guy that made billions off over priced devices. Pretty freaking cheap of them to only donate that pocket change.

          Just because you guys hate Apple products it doesn't mean that you get to crap all over the some person's memory without being called out for being petty hateful trolls you are. I'll gladly burn karma to do that. He said, and I quote: "Steve Jobs never gave a dime to charity" which is demonstrably wrong no matter how you try to spin it. secondly how lazy do you have to be to not do a simple google search before making a stupid statement like that? ... and then he gets modded +5 insightful to boot... slashdo

        • by jrumney ( 197329 )
          Richard Branson once pledged $3 billion of the profit from his airlines over ten years towards efforts to combat climate change. If his airlines didn't make that much profit, he said he would take it from other parts of his business empire. When someone checked up 8 years in, he'd managed to give $200-300k over those 8 years, and the forecast for the next 2 years was not looking good. Two things to take away from this - 1) that Steve Jobs' 10s of millions is not bad compared to his peers, and 2) that so
          • Gates is now pretty much a full time philanthropist. When he says he's going to give $500 million, I think we can take him at his word.

            Anyhow, good for you Mr. Gates. I think this is money well directed, and hopefully will be well spent. For all of our first world problems and complaints about our health care system, we sometimes forget that there are still many millions of people suffering and dying because they don't have the advantages we have.

            • Well, "give away" is a very interesting description, maybe you should look into the PATH malaria initiative and their policies on Private Sector collaboration, what will this Malaria vaccine be worth if it is discovered and who will profit from it?
        • by N_Piper ( 940061 )
          How about pushing price cut Apple II's into schools when nobody consider computers a necessity?
      • I always thought the parking in disabled areas thing was a more damning indication of his character.

        I really don't give a crap about how much/little someone donates to charities, they shouldn't need to exist as alternatives to proper government spending in the first place. (Yeah, blah blah, socialism I know).

    • Well, now that you've ruined the entire thread, what's the point in posting? You killed every point a loyal Slashdotter should cover. Nicely done, sir.

    • Re: (Score:1, Insightful)

      by Anonymous Coward

      Your comment paints all people with your brush...

      Many people with a lot less money do much more than Bill Gates to help the poor, every day in communities all
      over the earth...people who give their time and materials without a thought of recompense or worrying
      about honor and glory, these people do not make announcements, or have publicity teams, they make a real
      personal difference in other's lives.

      Gates and his ilk may give money, it may even do some good, but it is the day to day work
      of the unsung hero that

      • Everyone has different gifts: if you're a billionaire, the ability to give away 100s of millions of dollars is your main one.

        Money may not solve all problems, but it makes most of them a lot easier.

    • by nine-times ( 778537 ) <nine.times@gmail.com> on Monday November 03, 2014 @06:14PM (#48305041) Homepage

      How many posts until someone finds a way to still hate on him, despite the fact that he's done more for the poor than all of us put together?

      I don't know the man personally, but I don't see why doing something good should remove anyone's right to have some level of "hate" for the man. Setting aside the particular example of Mr. Gates, does it seem fair to say,"[Person X] has done a good thing. Therefore, nobody can dislike him or object to anything else he does!"

      How many Apple fans will make fun of him, in spite of the fact that Steve Jobs never gave a dime to charity?

      I'm not sure why the those things should be connected, or how you can be so sure that Jobs "never gave a dime to charity". There's been at least a couple reports that Jobs did give money to charity, but didn't publicize the fact because he was very private.

      But again, what does that have to do with anything? I'm sure there fans of Apple who are not huge fans of Jobs personally. I'm sure there are people who admire Jobs who also admire Gates. I'm sure there are Windows users who hate Gates.

      How many of you will take a potshot at Microsoft, even though Bill hasn't worked there in years?

      Ok, I'll do this. I'm annoyed at Microsoft because they still haven't included support for non-Microsoft file-systems. Microsoft sucks!

      Now what? Have I offended you by criticizing the company connected to The Great Gates?

      • Re: (Score:3, Insightful)

        by MozeeToby ( 1163751 )

        Setting aside the particular example of Mr. Gates, does it seem fair to say,"[Person X] has done a good thing. Therefore, nobody can dislike him or object to anything else he does!"

        No, but if there's a conversation going on about said "good thing" it is a little unreasonable for people to jump in the middle of it to shout "Yeah but he did this bad thing 15 years ago!". Yes, Gates did bad stuff. There are plenty of articles on Slashdot about the bad stuff that he's done (and that his legacy continues to contribute to). This isn't one of those articles. Couldn't we just take a minute to say "Mr Gates is doing something worthwhile with his money".

        • Gates is doing some good things with some of his money. You can take a minute to point that out, and we're free to use that minute however we see fit. I'm not looking to get into an argument about whether Gates is wonderful or terrible, but sorry, no, you don't get to tell all the rest of us that we have to worship the guy. Because ultimately we get to make up our own minds, and the fact that he has given some portion of his enormous money to charity does not make him immune to criticism.

        • it is a little unreasonable for people to jump in the middle of it to shout "Yeah but he did this bad thing 15 years ago!"

          And I want to comment on this, also, and say that I don't think it's unreasonable. If you're going to praise a man for donating millions of dollars to charitable causes, then it's fair game to criticize him for how he got those millions of dollars.

          Now we could argue about whether "that bad thing" he did 15 years ago was actually bad. I don't want to argue about that right now. But if without having done "that bad thing" he wouldn't have the millions of dollars to give to charity, then it's relevant to t

          • But if without having done "that bad thing" he wouldn't have the millions of dollars to give to charity, then it's relevant to the conversation.

            The problem is the disproportionate view taken of the "badness" of Microsoft on sites like slashdot. He produced an inferior Operating System and for a while prevented Linux from taking off.

            He didn't massacre babies for fun.

            • So now you're turning this into an argument about the particulars of the "bad things" he did. I'd like to point out that, in general, the people who are bringing this up are pro-Gates people saying (and I'm going to exaggerate to make a point), "Gee, look at how wonderful and amazing a person Bill Gates is. He's perfect and wonderful and lovely, and is the ideal human being. Not fair criticizing him! No fair saying anything bad or bringing up his past! We shouldn't even talk about what he did int he pas

    • by Anonymous Coward

      I'm not sure that he has done "more to help the poor than all of us put together" - one might argue that our particular choice of global economy (often called "capitalism", but it's certainly not that) is what creates and maintains an under-developed world, and he's a staunch upholder of the current system. In the long term, it is not clear what contributions will be of greatest benefit, so it's really stupid to rank the living or the recently deceased - though men love to.

      OTOH, I believe that he is acting

    • by gweihir ( 88907 )

      Pretty simple: Bringing better medicine to areas that have not mastered population control (and are unlikely to master it soon) will create a lot of pain and suffering. The logic is pretty old and it validity is established: Reduce the rate of people, and especially children, dying and there will just be a lot more dying a generation down the road when they exceed what they can feed/house/employ/etc. again.

      As such, I can confidentially state that BG continues his evil ways, as so many goody two shoes before

      • Reduce the rate of people, and especially children, dying and there will just be a lot more dying a generation down the road when they exceed what they can feed/house/employ/etc. again.

        Actually, this has it almost exactly backwards: reducing infant mortality has been a major cause of stabilizing population growth. Increasing prosperity also helps a great deal, and there's a strong argument that malaria is a huge economic drain.

        If you are messing with a complex system and do not understand its inner working

    • by f3dup ( 3899451 )
      All he does is pushing corporate interests with the money he "earned" exploiting a monopoly. Hard to find that appealing. Not sure it actually helps the poor either.
      • by the gnat ( 153162 ) on Monday November 03, 2014 @07:44PM (#48305827)

        All he does is pushing corporate interests

        What corporate interests are involved in curing malaria? The entire reason that Bill Gates is subsidizing these efforts is that there isn't much financial incentive for Big Pharma to develop drugs for diseases that primarily afflict people in Third World nations.

      • by jrumney ( 197329 )

        All he does is pushing corporate interests with the money he "earned" exploiting a monopoly.

        Before he got into health issues, I'd agree - mostly he invested in pushing developing countries towards using Windows PCs for education. But more recently he's investing a lot into healthcare issues that are important to the developing world, and without his money, unprofitable for the drug cartels to research.

      • He "earned" his monopoly because all his potential competitors at the time damn near sold every price of technology and accompanying rights to MS. These were business decisions that benefited both parties. When MS gained it's monopoly it was investigated and penalties, both monetary and operational, were implemented. And who really cares what you think if you can say the Gates Foundation almost 2 Billion dollars worth of world healthcare investments have not helped anyone.

    • by rtb61 ( 674572 )

      You can not buy contribution to human society. You can not steal the real efforts of others just by temporarily subsidising their life whilst they do the actually real work. The doctors, scientists and other health practitioners who studied and devoted their life to those causes are the ones doing the real work. By temporarily subsidising their life you under no circumstance take any ownership of their efforts and it is really pretty slimy egoistic to attempt to do so.

      You have all those pigopolist based

    • by hawkfish ( 8978 )

      I think there are serious questions [newint.org] about accountability, undue influence and private priorities that can be raised without touching how he made his money:

      Research by Devi Sridhar at Oxford University warns that philanthropic interventions are ‘radically skewing public health programmes towards issues of the greatest concern to wealthy donors’. ‘Issues,’ she writes, ‘which are not necessarily top priority for people in the recipient country.’

    • Even his "charity" can be bloody and harmful. The guy put $50M for a campaign to promote genital mutilation.

      • Even his "charity" can be bloody and harmful. The guy put $50M for a campaign to promote genital mutilation.

        Source?

        • LMGTFY: "bill gates genital mutilation"

        • To be clear, by "genital mutilation" he means "male circumcision", which is incomparably less bad than female circumcision, which is what the term is generally reserved for.

          Male circumcision = cutting off the foreskin, which is not a procedure I'm a fan of, but is still performed on the majority of Americans boys, and is fairly harmless, in addition to potentially reducing risk of AIDS. Female circumcision = cutting off the clitoris, and has been condemned as a human rights violation by the UN.

          It may not be

          • The only shady thing here are claims by the pro-mutilation party that it somehow reduces the risk of transmitting AIDS. The only study that shown this result was Camp Orange, and it: 1. was ran by a group funded by MGM proponents, 2. has multiple claims of scientific misconduct pointed against it, 3. contradicts actually peer-reviewed studies, 4. included the time of recovery from the surgery within study time (a man with a penis in pain isn't exactly going to conduct in sexual contact), 5. gave sexual edu

    • How many posts until someone finds a way to still hate on him, despite the fact that he's done more for the poor than all of us put together?

      Are you counting creating poor as doing something for the poor?

      His management of the Gates Foundation is not great for the poor. He is maintaining the unaffordable costs of medicines.

      Doctors Without Borders criticizes Gates-backed global vaccine strategy [humanosphere.org]

      If his intention is to spend his ill-gotten gains to the benefit of humanity, he should put a humanitarian at the helm. Gates was very good at bullying governments and businesses, and illegal attacks on competition to drain the profits from businesses

    • Re: (Score:1, Insightful)

      Bill Gates is a robber baron who made his money through despicable behavior and monopolism. Now he's buying his way to respectability and people like you are fooled by it. Just look at how you view the names of cruel tyrants like Rockefeller and Carnegie.
    • by Anonymous Coward

      Okay. Now ask yourself how he made that money he is now deciding how to redistribute. Did he make it by making the world a slightly better place or a slightly worse place?

    • How many posts until someone finds a way to still hate on him, despite the fact that he's done more for the poor than all of us put together?

      How many Apple fans will make fun of him, in spite of the fact that Steve Jobs never gave a dime to charity?

      How many of you will take a potshot at Microsoft, even though Bill hasn't worked there in years?

      http://en.wikipedia.org/wiki/B... [wikipedia.org]

      He stepped down as chairman of Microsoft in February 2014, taking on a new post as technology advisor to support newly appointed CEO Satya Nadella.

      Board member of: Microsoft, Berkshire Hathaway

      He still works at Microsoft and the rest of your post is absurd. I believe the correct response here is to mark this post "troll".

    • by dryeo ( 100693 )

      He's giving away 1% of his unimaginable fortune, probably less when tax breaks and other business is taken into account. he could give away 90% and still be unimaginably rich. Compare to the homeless guy splitting his last meal with another.
      Percentage wise he has done a lot less then some people I've known, he was just lucky to be born with a golden spoon in his mouth, had amazing luck and timing and took full advantage of that. It's good that since meeting Melinda he has become more generous but considerin

    • What could be wrong with Bill donating $500M dollars worth of Windows 8.1 Pro licenses and Microsoft Office 365 subscriptions to fight malaria and other diseases?

    • How many of you will take a potshot at Microsoft, even though Bill hasn't worked there in years?

      Let me try. Apple doesn't yet depend on government contracts in developing nations.

  • ... he took so much, he is having trouble spending it all before he dies.

  • by Anonymous Coward

    First I think it's commendable that he is giving back. Fortune has been kind to him and it is only appropriate that he reciprocate in some small way.

    By small I might point out that Forbes lists his net worth as $76B for 2014(1). So that $500M donation is roughly equivalent to 0.7% of his net worth. To put his donation in a more realistic perspective it is equivalent to someone of median net worth(2) donating $310. Hardly worth lionizing the man over IMHO.

    1. http://www.forbes.com/pictures/mel45hdjl/1-bill-ga

    • by gweihir ( 88907 )

      Well, he is trying to buy himself a good public image on the cheap.

    • by mythosaz ( 572040 ) on Monday November 03, 2014 @06:49PM (#48305369)

      You're right. It is percentages.

      Maybe the 40 billion he's given in trust to the B&MGF should be in your totals.
      http://www.gatesfoundation.org... [gatesfoundation.org]

      Gates has pretty much decided to give all of his money to the foundation by (and in the 10 years following) his and Melissa's death.

      Oh, and the other richest guy in the world is on board with matching contributions in the form of BH stock.

    • By small I might point out that Forbes lists his net worth as $76B for 2014(1). So that $500M donation is roughly equivalent to 0.7% of his net worth.

      Yes, 0.7% of his total net worth, not 0.7% of his salary/earnings in one year.

      Big difference.

  • While I don't doubt the intentions of Bill and others who want to try and people alive, sadly this is natures way of making sure the world doesn't get overcrowded. It's a sad fact but people NEED to die.
    • this is natures way of making sure the world doesn't get overcrowded. It's a sad fact but people NEED to die.

      Then how do you explain the fact that some of the countries with the highest life expectancies, and almost no severe endemic diseases, are also the ones with the slowest-growing (or even shrinking) populations?

      • this is natures way of making sure the world doesn't get overcrowded. It's a sad fact but people NEED to die.

        Then how do you explain the fact that some of the countries with the highest life expectancies, and almost no severe endemic diseases, are also the ones with the slowest-growing (or even shrinking) populations?

        Because they don't spit out 5-10 kids each?

        • this is natures way of making sure the world doesn't get overcrowded. It's a sad fact but people NEED to die.

          Then how do you explain the fact that some of the countries with the highest life expectancies, and almost no severe endemic diseases, are also the ones with the slowest-growing (or even shrinking) populations?

          Because they don't spit out 5-10 kids each?

          Because their 1.9 children will survive long enough to support them after retirement, and since life is not just a struggle to survive, they are productive enough that they can afford to support their parents.

    • While I don't doubt the intentions of Bill and others who want to try and people alive, sadly this is natures way of making sure the world doesn't get overcrowded. It's a sad fact but people NEED to die.

      Are you volunteering to be the first to die for your cause? Or did you just mean that other people sh

  • by N_Piper ( 940061 ) on Monday November 03, 2014 @11:22PM (#48306913)
    It's the Bill and Malinda Gates Foundation, it's been around since 2000, He and or his Wife regularly pump money into it.
    This is less news than Tim Cook being gay.
    I'm starting to think those news stories about smart phones and Google running everyone's long term memories may not be such BS after all...

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