Money may not buy you happiness but managed well it can sure help others!Bill and Melinda Gates announced on Friday they would spend $10 billion (6.2 billion GBP) over the next decade to develop and deliver vaccines, an increased commitment that reflects progress in the pipeline of products for immunising children in the developing world.
Over the past 10 years, the Microsoft co-founder's charity has committed $4.5 billion to vaccines and has been instrumental in establishing the GAVI alliance, a public-private partnership that channels money for vaccines in poor countries.
By increasing immunisation coverage in developing countries to 90 percent, it should be possible to prevent the deaths of 7.6 million children under five between 2010 and 2019, Gates told reporters at the World Economic Forum.
Thank goodness the philanthropic spirit lives on in the new generation of billionaires.
Gareth, APA
1 comment:
As the world's richest couple I am sure they can afford it!
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