Bill Gates Donates $30 Million to Make Education a Campaign Issue
Bill Gates is spending $30 million on the U.S. presidential campaign for a cause, not a candidate. The world’s richest man plans to make education the No. 1 domestic priority with voters. The Gates foundation, formed in 2000, is the world’s biggest charitable fund, with assets valued at $37.6 billion. The figure includes $3.4 billion contributed by Warren Buffett, chairman of Berkshire Hathaway Inc.
The 52-year-old Microsoft Corp. chairman has poured $3.4 billion into school improvements and scholarships since 2000 through his Seattle-based Bill & Melinda Gates Foundation, according to the foundation’s records. Now the charity says it is providing half the money for Strong American Schools, a bipartisan group with a $60 million effort called “Ed in ’08.”
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