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Gates Foundation Unveils $9 Billion Budget for Global Health

1/15/2026

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Story summary
  • Bill & Melinda Gates Foundation announced a record $9 billion budget for 2026, prioritizing global health.
  • The foundation will cut up to 500 staff over five years to cap operating costs at 14% of its budget.
  • CEO Mark Suzman emphasized prudent spending amid rising expenditures.
  • The foundation will address setbacks in global health, expand in India and Africa, and invest in AI for public services.