Bill Gates claims this is the most successful investment of his life

With nearly $100 billion to his name, Bill Gates – Microsoft’s co-founder and well-known philanthropist – has the ability to launch any project he wants.

Billionaire Bill Gates – co-chair of the Bill and Melinda Gates Foundation (Source: CNBC)

In a Wall Street Journal interview, Bill Gates revealed the best investment he has ever made in his entrepreneurial life. That’s a total of 10 billion USD which he has invested in three specialized organizations that aim to increase access to vaccines and medicines for people around the world.

Gates said a $10 billion investment was invested in Gavi – the Global Alliance for Vaccines and Immunization, the Global Fund, and the GPEI Global Polio Eradication Initiative. All of these organizations carry out drug delivery activities to developing countries. According to the billionaire, this is a completely different investment from other investments because “it always works.”

“I always assumed that 10% of my technology investments would be successful, even big hits. And the other 90% I always hope to fail,” Gates wrote.

“When I went from my first job at Microsoft to charity work, I didn’t think my success rate would change that much. I’ve learned that finding a new vaccine is much harder than finding a billion-dollar company in technology,” the billionaire said.

The billionaire watched a health worker vaccinate a child in Ghana.

The billionaire says most people have never heard of this organization and their work, but the three companies he has invested in are extremely successful. “These organizations are by no means trivial. In fact, it’s the best investment I’ve ever made,” Gates wrote.

Gates explains that buying medical supplies and getting them where people need them is difficult and dangerous because the people who need them are often in remote villages or war zones.

Gates confirmed that the 10 billion USD his charitable funds invested in the three organizations had generated about 200 billion USD in profit in both cases. economy and social. (Data quoted from the Copenhagen Statistical Center).

According to the billionaire, if he invested $10 billion in energy projects in developing countries, his income could reach $150 billion. Moreover, if this money is invested in infrastructure in developing countries, the income could be even higher, reaching around 170 billion USD. “However, by investing in global healthcare organizations, we have achieved much higher returns than that.”

“World organizations like Gavi, the Global Fund and GPEI are the closest we can risk to alleviating people’s suffering and sickness and saving their lives,” Bill Gates told the magazine. The Wall Street Journal, “This is Melinda and I’s best investment. have been made in the last 20 years, and they are some of the best investments the world can make in the years to come.”