Microsoft co-founder Bill Gates announced plans to donate 99% of his remaining tech fortune.

The donations will go to the Gates Foundation, a philanthropic organization he founded with his wife Melinda.

The Gates Foundation focuses on global health, education, and poverty alleviation.

The foundation’s work has had a significant impact on improving healthcare and reducing poverty worldwide.

Bill Gates stated that the foundation will close its doors in 2045, earlier than previously planned.

This decision is part of Gates’ efforts to maximize the impact of his philanthropy.

Gates has been a leading figure in the tech industry and philanthropy for decades.

His decision to donate the majority of his fortune reflects his commitment to giving back to society.

The closure of the Gates Foundation in 2045 will mark the end of an era in global philanthropy.