Bill Gates has pledged to donate the bulk of his $200 billion fortune—nearly 99 per cent—over the next 20 years, largely to improve healthcare and education in Africa. The Microsoft co-founder said his children will inherit less than 1 per cent as he aims to create a legacy of global impact rather than dynasty.

Billionaire and philanthropist Bill Gates has announced that most of his wealth will go toward tackling Africa’s biggest challenges. The billionaire has announced that he will donate $200 billion to go towards healthcare and education in Africa over the next 20 years.

In a bold move that could reshape the future of health and education across Africa, Microsoft co-founder Bill Gates announced plans to donate the majority of his fortune—estimated to reach a staggering $200 billion—over the next two decades.