Bill Gates' $4.6B donation: How many mosquitoes can that kill?

Bill Gates donates $4.6 billion worth of Microsoft stock to his foundation

The latest donation was made in June but has only just become public knowledge, following the filing of a document with the US Securities and Exchange Commission.

As of now, Gates's Microsoft shares account for only a 1.3 percent stake in the company, and his fortune at an approximated $86.1 billion. Dubbed "Mosquito Wars, " the campaign forms part of Bill & Melinda Gates Foundation's broader effort to combat malaria. To recall, he gave away about $16 billion worth of the stock in 1999.

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Gates and his wife set up the charity with an initial $5bn funding pot to improve global healthcare and reduce extreme poverty.

These sizeable donations have turned the Bill & Melinda Gates Foundation into the world's largest private charity with $40.3 billion of funds (before the latest donation).

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His most recent donation takes Gates' overall charitable pledges around the $50 billion mark. His donation once again puts Amazon.com Inc. founder Jeff Bezos close to the top spot, with a net worth of US$84.5 billion.

After the donation, Ben Silverman, research director at InsiderScore, told Bloomberg, "It's a change in how he distributes that asset". That was the year Gates stepped down as Microsoft CEO, handing over the reins to the controversial Steve Ballmer. Before giving a large gift of 31 million shares in November of 2014, he was selling roughly 100 million shares per year.

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According to the filings, Gates still holds almost 103 million Microsoft shares, valued at US$7.54 billion.

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