Bill Gates funnels $20 billion to foundation and plans to drop off list of wealthiest people

Bill Gates is moving $20 billion of his wealth into the endowment of the Bill and Melinda Gates Foundation, which is ramping up its spending in the face of global challenges including the pandemic and the war in Ukraine.  The foundation, one of the world’s largest philanthropies, plans to increase its payouts by 50% over pre-pandemic levels...