American businessman, investor, and philanthropist (born 1955)
William Henry Gates III (born 28 October 1955) is an American business magnate, investor, author, philanthropist, and humanitarian. He is most famous as the co-founder of Microsoft, and founder of the Bill & Melinda Gates Foundation. Forbes magazine has ranked him as the richest person in the world for twelve consecutive years.
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The harsh mathematics of polio makes it clear: We cannot maintain a level of one thousand or two thousand cases a year. Either we eradicate polio, or we return to the days of tens of thousands of cases per year. That is no alternative at all. We don't let children die because it is fatiguing to save them. Our commitment as a foundation is to work with partners until no children die from polio.
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One of the wonderful things about the information highway is that virtual equity is far easier to achieve than real-world equity...We are all created equal in the virtual world and we can use this equality to help address some of the sociological problems that society has yet to solve in the physical world,"
This leads to the paradox, that because the disease is only in the poor countries, there is not much investment. For example, there is more money put into baldness drugs, than are put into malaria. Now, baldness, it is a terrible thing [audience laughter] and rich men are afflicted, so that is why that priority is set.