“Bill Gates makes $100 million personal investment to fight Alzheimer’s,” by Kate Kelland, Reuters

“Billionaire Microsoft co-founder Bill Gates is to invest $50 million in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for the brain-wasting disease. The investment – a personal one and not part of Gates’ philanthropic Bill & Melinda Gates Foundation – will be followed by another $50 million in start-up ventures working in Alzheimer’s research, Gates said.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Bill Gates pursued self-interest, created thousands of jobs, made a ton of money and now he gets the personal satisfaction—self-interest again—of making a huge contribution to the well-being of everyone. I couldn’t ask for a better example of the points I made in Friday’s “LTC Bullet:  The Morality of Hazards” about the downsides of altruism

Bill Gates makes $100 million personal investment to fight Alzheimer’s

#alzheimers
#billgates
#goldencareagent