Bill Gates richest in America: Forbes
With a net worth of USD 66 billion, Gates not only remained the richest person in America but is also "the planet's most generous person", thanks to his countless philanthropic endeavours in developing nations, including India, Forbes said.
The 56-year old Harvard drop out has given away USD 28 billion to philanthropic causes so far, with his new obsession being building better toilets for those without water or sewage systems, it added.
Every year 1.5 million children die from food and water tainted with fecal matter, more than the annual deaths from AIDS and malaria combined, Forbes said.
The Bill and Melinda Gates Foundation is also spearheading a malaria vaccine that is showing promise in clinical trials. The non-profit Global Alliance for Vaccines and Immunisation (GAVI) founded by Gates has raised USD 4.3 billion in pledges from various countries to provide life-saving vaccines against a range of deadly infections.
"Gates and his good friend Warren Buffett continue to recruit new members to their Giving Pledge, in which the very wealthy promise to give away at least half of their net worth during their lifetime or after they die," Forbes said.
Gates' net worth rose USD 7 billion since last August on the
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