Gates says the $10 billion his foundation has put into the three organizations has created an estimated $200 billion in social and economic benefits. (The estimate is from the Copenhagen Consensus Center, a think tank that estimates cost analysis to global problems.)
"Suppose that our foundation hadn't invested in Gavi, the Global Fund and GPEI and had instead put that $10 billion into the S&P 500, promising to give the balance to developing countries 18 years later. As of last week, those countries would have received about $12 billion, adjusted for inflation, or $17 billion if we factor in reinvested dividends," Gates says describing the estimates from the Copenhagen Consensus Center.
Had the Gates Foundation invested that $10 billion in energy projects in the developing world, the return would have been $150 billion, Gates says. Infrastructure investment in the developing world would have returned $170 billion.
"By investing in global health institutions, however, we exceeded all of those returns," Gates writes.
"Institutions such as Gavi, the Global Fund and GPEI are the closest things that we have to surefire bets to alleviate suffering and save lives," he writes in the Journal. "They are the best investments that Melinda and I have made in the past 20 years, and they are some of the best investments the world can make in the years ahead."
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