Nigeria, May 9 -- Bill Gates has announced that he will donate 99% of his remaining tech fortune to the Gates Foundation. The foundation, which supports global health and education, is now expected to shut down by 2045 sooner than originally planned.

According to the Associated Press, Gates said speeding up the use of these funds will help make a bigger difference.

He believes that distributing his wealth sooner will save and improve more lives and help achieve his long-term goals.

Currently, Gates' pledge is worth around $107 billion. Spread out over time, this donation will allow the foundation to invest about $200 billion over the next 20 years.

"I think 20 years is the right balance enough time to make a big impact and enough noti...