Gates’ Donates $306 million

During this week’s World Economic Forum in Switzerland, Bill Gates announced that the Bill & Melinda Gates Foundation will be pledging $306 million in grants to fund farming in in poor/developing countries. Personally I think this is wonderful. It’s about time someone (with plethoras of cash) stepped forward and donated a HUGE amount of money.

“If we are serious about ending extreme hunger and poverty around the world, we must be serious about transforming agriculture for small farmers, most of whom are women…The challenge here is to design a system including profit and recognition to do more for the poor. ” said Gates

Gates received a standing ovation for his announcement at the suggestion of U2 front man Bono. Gates, is to step down from the computer giant later this year.

source: CNN and Gizmodo