'Swing for the fences': Warren Buffett's advice headlines Bill and Melinda Gates Foundation's 20th annual letter

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'The world can't solve a problem like climate change without making big bets,' the billionaire philanthropists said.

Warren Buffett told Bill and Melinda Gates to „swing for the fences“ when he pledged most of his fortune to their foundation in 2006.

The Bill and Melinda Gates Foundation will expand its focus from improving education and healthcare to tackling climate change and gender inequality.Visit Business Insider’s homepage for more storiesWarren Buffett told Bill and Melinda Gates to „swing for the fences“ when he pledged to give most of his vast fortune to their foundation in 2006.

The Bill and Melinda Gates Foundation spent nearly $54 billion in 20 years, its founders wrote, with 45% going towards global development, 29% to global health, 16% to US programs, and 10% to other charitable programs.

 

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