>>13187475 (pb)
for that nice 1-to-20 ROI
https://www.cnbc.com/2019/01/23/bill-gates-turns-10-billion-into-200-billion-worth-of-economic-benefit.html
Bill Gates: My 'best investment' turned $10 billion into $200 billion worth of economic benefit
Investing in global health organizations aimed at increasing access to vaccines creates a 20-to-1 return, the Microsoft co-founder and philanthropist says.
Putting $10 billion into the S&P 500 would have grown only to $17billion over 18 years, factoring in reinvested dividends, Gates tells CNBC in Davos.
Investing in global health organizations aimed at increasing access to vaccines created a 20-to-1 return in economic benefit, billionaire Microsoft co-founder and philanthropist Bill Gates told CNBC on Wednesday.
Over the past two decades, the Bill and Melinda Gates Foundation has donated "a bit more than $10 billion" into mainly three groups: the Global Alliance for Vaccines and Immunization, the Global Fund to Fight AIDS, Tuberculosis and Malaria, and the Global Polio Eradication Initiative.
"We feel there's been over a 20-to-1 return," yielding $200 billion over those 20 or so years, Gates told CNBC's Becky Quick on "Squawk Box" from the World Economic Forum in Davos, Switzerland. "Helping young children live, get the right nutrition, contribute to their countries — that has a payback that goes beyond any typical financial return."
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Baker, N(otables) before D(ough)