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Monday, December 05, 2022

The reason why Bill Gates reaffirmed his commitment

Four years ago, Bill Gates spearheaded a project in which he and some other billionairesincluding Jeff Bezos and Mackenzie Scott, Within the Alzheimer’s Foundation pledged thirty million dollars to build a new engine to accelerate the development of diagnostic tests. That funding was later increased to $50 million.

Now, the Alzheimer’s Drug Discovery Foundation has announced New funding commitment of $50 million from previous donors, like Gates, Bezos, former president of Estée Lauder, Leonard Lauder (founder of the foundation with his brother Ronald); and the family of the late Ray Dolby, as well as some new donors, money that will support the next phase of their efforts to improve Alzheimer’s screening. The donation is “Enterprise Philanthropy” to the Alzheimer’s Drug Discovery Foundation. Any financial return from the investment will go back to the foundation, rather than into the pockets of the donors.

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