The organization will boost its spending to $8.6 billion this year to tackle poverty, healthcare, sustainable agriculture, and other areas where it finds.
A Warning From the Gates Foundation: The Wealthy Must Give More philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.
Niall O'Dowd remembers his friend Charles 'Chuck' Feeney, who "loved giving money away and was happiest when he could observe his own good deeds reach fruition."
It was the worst of times. On October 19, 1987, the US stock market plunged 22pc. The day was dubbed Black Monday – the largest one-day drop of the Dow Jones Index in history.