Uplifting News
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I mean, 99% of his wealth gone still leaves him with over a billion dollars. Might be more of a logistics and planning issue.
This is correct.
He's gone in depth about this a number of times, where he talks about the complexity of using philanthropic money effectively. For example, is a dollar better spent educating poor children, or building wells in rural communities? Providing bed nets for malaria, or treatments for tuberculosis? And then once you decide on the cause you will put your money into, how do you ensure the money goes where you wanted it to go, rather than being syphoned off by bureaucrats, reallocated to spurious pet projects, or lining the pockets of some local warlord? And once your money has gone to the cause, how do you measure its impact to ensure it was money well spent? Do people actually use the well? Does it provide clean water? Does it work reliably? Did rates of malaria actually go down, or are people too lazy to use the bed nets? Etc.
These things are complicated and take time to figure out. Hence why all the "donate it now" comments are ridiculous.