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Gates Foundation Reveal $9 Billion Budget While Hundreds Face Layoffs

Livemint
Published17 Jan 2026, 12:10 AM IST

Bill & Melinda Gates Foundation Unveils Record $9 Billion Budget for 2026—While Cutting Up to 500 Jobs! Largest spending ever, up from $8.74B, focuses on polio eradication, AI health tools, maternal health, poverty reduction, US education & global vaccines. Foundation to shut down by 2045 as Bill Gates gives away nearly all wealth. New Africa & India division launched amid global funding drought—$200B+ pledged until closure.

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