Actually, he's not leaving completely. It's more like the Foundation will be his full-time job and Microsoft will become his part-time gig, which is the opposite of how it is now. Richest man in the world works two jobs.
His work with the Gates Foundation has turned it into the world's largest non-profit organization, with holdings of over 29 billion dollars. It is responsible for the computers at my local public library and for some schools near where I work. They have programs for global health, education, libraries, and other areas. It will be interesting to see where he takes it from here now that he's full-time.
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