Bill And Melinda Gates


DEFINITION of 'Bill And Melinda Gates'

Two out of the three co-chairs of the Bill and Melinda Gates Foundation. William (Bill) H. Gates III, founder of Microsoft and his wife Melinda French Gates founded the Bill and Melinda Gates Foundation with the directive of improving the lives of persons both in the United States, and abroad in 2000. The third co-founder of the Bill and Melinda Gates foundation is Bill Gate's father, William H. Gates Sr.

The foundation is guided by 15 principles that reflect the Gates' beliefs and values, and how their philanthropy can improve life for those around them.

BREAKING DOWN 'Bill And Melinda Gates'

The Bill and Melinda Gates Foundation was formed when two other foundations were merged. The William H. Gates Foundation was merged with the Bill and Melinda's Gates Library Foundation in 2000. The William H. Gates Foundation was directed by William H. Gates Sr.

Over the years, the Bill and Melinda Gates Foundation has helped numerous causes and charities, which generally focus on health and educational issues. In 2006, the foundation's assets increased dramatically when famous investor and friend Warren Buffett pledged billions of dollars to the foundation.

  1. Warren Buffett

    Known as "the Oracle of Omaha", Buffett is Chairman of Berkshire ...
  2. Steve Ballmer

    A long-time key executive and chief executive officer of Microsoft ...
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    A magnate of the Mexican telecommunications industry. Slim made ...
  4. Deduction

    Any item or expenditure subtracted from gross income to reduce ...
  5. Philanthropy

    Charitable giving to human causes on a large scale. Philanthropy ...
  6. Tax Credit

    An amount of money that a taxpayer is able to subtract from the ...
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  1. Who does Warren Buffett plan to bequeath his estate to?

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  2. What's the largest charitable donation Warren Buffett ever made?

    The most significant charitable donation Warren Buffett ever made is the $37 billion pledge to the Bill and Melinda Gates ... Read Full Answer >>
  3. What is Warren Buffett's annual salary at Berkshire Hathaway?

    Berkshire Hathaway pays Warren Buffett a $100,000 annual salary, technically speaking. His total compensation was around ... Read Full Answer >>
  4. Can I donate stock to charity?

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