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Microsoft founder Bill Gates will donate $100 million dollars of his personal money in the fight against Alzheimer’s Disease.
I believe that we can alter the course of Alzheimer’s. That’s why I’m investing in the Dementia Discovery Fund. https://t.co/7fcixpeJd5
— Bill Gates (@BillGates) November 13, 2017
The invested money will not come from the Bill & Melinda Gates Foundation. Instead, Gates is donating his personal money, starting off with a $50 million investment in the Dementia Discovery Fund, which brings together government and industry to research treatments for the disease.
Gates will follow up the initial investment with a further $50 million going towards start-up ventures researching Alzheimer’s.
In an interview with Reuters Gates said, “It’s a huge problem, a growing problem, and the scale of the tragedy – even for the people who stay alive – is very high.”
Still Gates is optimistic that a treatment can be found if research into the disease is well-funded, although he acknowledges it could be at least a decade before a successful treatment can be found.
“It’s a terrible disease that devastates both those who have it and their loved ones. This is something I know a lot about, because men in my family have suffered from Alzheimer’s. I know how awful it is to watch people you love struggle as the disease robs them of their mental capacity,” Gates revealed on his blog GatesNotes. “It feels a lot like you’re experiencing a gradual death of the person that you knew.”