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With more than $49 billion in assets, the Bill & Melinda Gates Foundation may be the world’s largest private foundation, giving it outsized ability to achieve its goals of enhancing healthcare and alleviating poverty. In the last 18 months alone, the foundation spent $1.75 billion on the global fight against Covid-19. In June 2021, the Gates Foundation pledged to spend $2.1 billion on gender-equality work over five years, one of the largest single commitments in the foundation’s history.
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