Nov 13, 2017

Bill Gates Invests $100 Million into Alzheimer's Research

Bill Gates is investing $50 million in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for Alzheimer's disease.

Bill Gates is investing $100 million in Alzheimer's and Dementia Researcg

By Bob DeMarco
Alzheimer's Reading Room

Gates will also invest an additional $50 million in start-up ventures working in Alzheimer’s research.

Gates is making these investments personally, not as a part of his foundation. Men in the Gates family have lived with Alzheimer's.

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From Bill Gates.

" I first became interested in Alzheimer’s because of its costs—both emotional and economic—to families and healthcare systems. The financial burden of the disease is much easier to quantify.

A person with Alzheimer’s or another form of dementia spends five times more every year out-of-pocket on healthcare than a senior without a neurodegenerative condition. Unlike those with many chronic diseases, people with Alzheimer’s incur long-term care costs as well as direct medical expenses.

If you get the disease in your 60s or 70s, you might require expensive care for decades." 

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"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, and there is nothing you can do about it. It feels a lot like you’re experiencing a gradual death of the person that you knew."

"My family history isn’t the sole reason behind my interest in Alzheimer’s. But my personal experience has exposed me to how hopeless it feels when you or a loved one gets the disease. We’ve seen scientific innovation turn once-guaranteed killers like HIV into chronic illnesses that can be held in check with medication. I believe we can do the same (or better) with Alzheimer’s."

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Bill Gates is a technologist, business leader, and philanthropist. He grew up in Seattle, Washington, with an amazing and supportive family who encouraged his interest in computers at an early age. He dropped out of college to start Microsoft with his childhood friend Paul Allen. He married Melinda French in 1994 and they have three children. Today, Bill and Melinda Gates co-chair the charitable foundation bearing their names and are working together to give their wealth back to society.