Bill Gates’ projects are an inspiring example of how private capital works for the benefit of all mankind
“Our early money can accelerate things,” says one of the richest persons on the planet. And he not only speaks, but also acts.
Bill Gates left the Microsoft Board of Directors in March to concentrate fully on financing innovative social projects. Of the successful cases that he had already implemented are the next generation toilets, saving the lives of tens of thousands of people in poor countries, implants against AIDS, vaccines for malaria. Hundreds of millions of dollars have been spent on this.
And now the Bill and Melinda Gates Foundation is financing the construction of factories for seven promising vaccines against the coronavirus, even though we’ll end up picking at most two. It will be faster so, Gates is convinced, and there is not a moment to lose: it is necessary both to save people and simultaneously restart economies.
One of the funded by Gates developments is the INO-4800 DNA Coronavirus Vaccine, which has already received approval from the US FDA regulator for clinical trials in humans. The results should be known by the end of summer.
Interestingly, Gates predicted the coming of the global pandemic already five years ago. And in 2018, he presented a scientific model showing the high likelihood of a flu epidemic over the next decade, comparable in scale to the 1918 pandemic, which claimed 50 million lives.
Bill Gates’ projects are an inspiring example of how private capital, combined with philanthropic values, works for the benefit of all mankind.
