Bill Gates & Wife Melinda Donate $125m to Create COVID-19 Vaccine
Bill Gates and his longtime wife, Melinda Gates, are donating towards the race for a cure to the novel coronavirus outbreak.
Bill Gates and his wife Melinda Gates intend to do their bit by investing in the race towards finding a cure for coronavirus.
People reported that the revelation was made when Bill appeared on “The Daily Show” and declared that the Bill and Melinda Gates Foundation planned to fund seven factories working on possible vaccines, even though they may not all succeed in finding the cure.
Amid the ongoing pandemic, many have remembered the TED event that saw Bill addressing the next epidemic and how it could be dealt with.
Bill explained that even though a “few billion” dollars could go to “waste” on the non-viable efforts, it was paramount to work on safety and usefulness at the same time as production so as not to waste time.
While he noted that his foundation could get the ball rolling quickly, the Microsoft co-founder said:
“But a few billion in this situation we’re in where there’s trillions of dollars being lost economically, it is worth it…Every month counts.”
Just last month, the Bill and Melinda Gates Foundation disclosed that it would be donating $125 million to not only finding potential COVID-19 treatments but also to help quicken the development process.
The announcement on "The Daily Show" came at the same time that Bill took to his Instagram feed to show appreciation for medical workers who are on the frontlines of the coronavirus outbreak with the words:
“Thank you to all of the health care workers who are making heroic efforts to test and treat patients across the United States and the world.”
During the event that held in Vancouver during the Ebola pandemic, the philanthropist stated that the world wasn’t prepared for the next outbreak.
Bill's reason for the statement came from the fact that there are no systems that work well enough to handle such a problem.
Meanwhile, CNN recalled that the 64-year-old dropped out of Harvard to co-found Microsoft Corporation, formerly known as Microsoft, with Paul Allen in 1975.By 1987, Bill, whose birth name is William Henry Gates III, had become the youngest US billionaire, worth $1.25 billion at 31 years old.
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