25 Jan '12, 4am

Bill Gates on Using His Money to Save Lives and Fix U.S. Schools, and Steve Jobs | Newsmakers - Yahoo! via @yahoosg

For the moment, Bill Gates is no longer the world's wealthiest man. But he didn't lose the title to Mexico's telecom titan Carlos Slim; he gave it away. And as a result, the businessman-turned-philanthropist can point to a different kind of scoreboard. "Well, it's easiest to measure in the health work," Gates told me, "where over 5 million lives have been saved." In a wide-ranging interview with Yahoo! and ABC News, the former head of Microsoft talked about how Steve Jobs' death affected him, his fix for American schools and his annual letter, which sets the priorities for one of the most generous charitable efforts in history. With a pledge to give away 95 percent of Gates' personal wealth, the Gates Foundation claims to have granted more than $26 billion since 1994. While some of that money is devoted to improving U.S. education, roughly 75 percent goes to the poorest co...

Full article: http://sg.news.yahoo.com/blogs/newsmakers/bill-gates-usin...

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