Pakistan, May 8 -- Microsoft co-founder Bill Gates has announced that he will donate nearly all of his wealth-over $160 billion-to charitable causes by the end of 2045. He shared the decision in a blog post, explaining that he no longer wants to wait until after his death to support urgent global needs.

Gates originally planned for the Bill & Melinda Gates Foundation to continue operating for many decades, even after he passed away. However, he now believes the world's challenges-like poverty, disease, and inequality-require faster action and stronger financial support today.

The billionaire's announcement comes at a time when U.S. government funding for healthcare, foreign aid, and public services is facing cuts under President Trump's...