{"id":598463,"date":"2023-01-17T15:52:18","date_gmt":"2023-01-17T21:52:18","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/17\/gates-foundation-ceo-defends-philanthropys-influence-on-global-health\/"},"modified":"2023-01-17T15:52:18","modified_gmt":"2023-01-17T21:52:18","slug":"gates-foundation-ceo-defends-philanthropys-influence-on-global-health","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/17\/gates-foundation-ceo-defends-philanthropys-influence-on-global-health\/","title":{"rendered":"Gates Foundation CEO Defends Philanthropy\u2019s Influence On Global Health"},"content":{"rendered":"
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Topline<\/h2>\n

Bill & Melinda Gates Foundation CEO Mark Suzman in his annual letter<\/a> pushed back against criticism about the organization\u2019s power and influence on key public health initiatives around the world, saying it is not trying to set the world\u2019s agenda on global health and development issues but only \u201crespond to it,\u201d as the foundation announced its biggest ever annual budget Tuesday.<\/p>\n

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Bill Gates speaks during the Goalkeepers Conference.<\/p>\n

<\/fbs-accordion>Copyright 2017 The Associated Press. All rights reserved.<\/small><\/figcaption><\/figure>\n

Key Facts<\/h2>\n
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In the annual letter<\/a>, Suzman outlined the Gates Foundation’s plans to spend $8.3 billion on various initiatives in 2023\u2014its highest-ever annual amount\u2014before addressing multiple criticisms leveled at the organization.<\/p>\n<\/p><\/div>\n

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Without specifically naming anyone the letter pushed back against criticism that \u201cunelected billionaires setting the agenda for global health and development,\u201d saying they simply respond to the agenda already set by global bodies and rely on the UN\u2019s Sustainable Development Goals as guidance.<\/p>\n<\/p><\/div>\n

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The letter noted the foundation makes all of its investments public and tries to be \u201cfully transparent about our priorities and strategies.\u201d<\/p>\n<\/p><\/div>\n

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Suzman, however, said he agrees with the argument that it is \u201cnot right for a private philanthropy to be one of the largest funders of multinational global health efforts,\u201d adding that countries should be fully funding these initiatives.<\/p>\n<\/p><\/div>\n

The Gates Foundation is the second-largest donor to the World Health Organization\u2019s programs and Suzman argues this is because \u201ccountries have decreased their contributions.\u201d<\/p>\n

Suzman added he\u2019d love to see many more governments pass the Gates foundation on the list of the WHO\u2019s top donors \u201cbecause that would mean more lives saved.\u201d<\/p>\n<\/div>\n

Crucial Quote<\/h2>\n

\u201cWe\u2019ll be looking for even more effective ways to accelerate innovation and spur action toward the global goals. That doesn\u2019t mean we will set the agenda of multilateral organizations like WHO and the Global Fund. Nor will we decide which malaria drugs regulators approve, or what research scientists pursue. We won\u2019t decide which seeds farmers plant in their fields or which curriculum a school system adopts or whether a bed net is hung in a home,\u201d Suzman said.<\/p>\n

Big Number<\/h2>\n

$9 billion. That is the total amount that the Gates Foundation has committed to spending annually by 2026.<\/p>\n

Key Background<\/h2>\n

Bill and Melinda Gates\u2019 philanthropic efforts have been scrutinized by public health experts, activists and academics for several years due to the sheer size of their endowment and their influence on global health issues. This scrutiny has grown sharply over the past couple of years amid the Covid-19 pandemic and the foundation\u2019s involvement in funding various therapeutics and vaccines to fight the coronavirus. In 2020, Kaiser Health News reported<\/a> that the Gates Foundation urged the University of Oxford to reverse course on its plan to donate the rights to its Covid-19 vaccine on a non-exclusive basis and instead sign an exclusive agreement deal with AstraZeneca giving it the sole rights to manufacture and license the vaccine. In an interview with the New York Times<\/em> later that year, Melinda Gates said vaccine makers should be allowed to make a small profit \u201cbecause we want them to stay in business.\u201d Aside from serious critics, the foundation and its founder Bill Gates have been the target of multiple debunked conspiracy theories<\/a> about Covid-19 and vaccines. Some experts have questioned<\/a> the Gates foundation\u2019s priorities when it comes to global health issues while others have questioned the effectiveness<\/a> of their work.<\/p>\n

Forbes Valuation<\/h2>\n

According to our estimates, Bill Gates\u2019s current net worth<\/a> stands at $103.8 billion. Melinda Gates, who divorced Bill in 2021, has a current net worth<\/a> of $6.8 billion.<\/p>\n

Further Reading<\/h2>\n

Exclusive: Bill Gates Reveals The Bill & Melinda Gates Foundation Aims To Run For Just 25 More Years<\/a> (Forbes)<\/p>\n

Exclusive: Bill Gates Reveals How He And Ex-Wife Melinda Came Together For Blockbuster $20 Billion Gift That Makes Them World\u2019s Biggest Givers<\/a> (Forbes)<\/p>\n

They Pledged to Donate Rights to Their COVID Vaccine, Then Sold Them to Pharma<\/a> (Kaiser Health News)<\/p>\n

The World Loses Under Bill Gates\u2019 Vaccine Colonialism<\/a> (Wired)<\/p>\n<\/div>\n

Read More<\/a>
\n Siladitya Ray<\/p>\n","protected":false},"excerpt":{"rendered":"

Topline Bill & Melinda Gates Foundation CEO Mark Suzman in his annual letter pushed back against criticism about the organization\u2019s power and influence on key public health initiatives around the world, saying it is not trying to set the world\u2019s agenda on global health and development issues but only \u201crespond to it,\u201d as the foundation<\/p>\n","protected":false},"author":1,"featured_media":598464,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25981,367],"tags":[],"class_list":{"0":"post-598463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-foundation","8":"category-gates"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/598463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=598463"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/598463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/598464"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=598463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=598463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=598463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}