• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
PoliticsDOGE

Elon Musk hits back at Bill Gates’ claim that DOGE cuts could lead to deaths of children: ‘I’d like him to show us any evidence’

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
May 21, 2025, 7:00 AM ET
Left: Bill Gates at The 11th Breakthrough Prize Ceremony held at Barker Hanger on April 05, 2025 in Santa Monica, California. (Photo by Gilbert Flores/Variety via Getty Images) Right: Elon Musk, wearing two hats, speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
Bill Gates (L) has warned DOGE's work, headed by Elon Musk (R) could endanger the lives of children, which Musk has robustly denied.Left to right: Gilbert Flores/Variety - Getty Images, R: JIM WATSON/AFP - Getty Images
Add Fortune on Google for similar content.
  • Elon Musk rejected Bill Gates’s claim that the Department of Government Efficiency (DOGE) is endangering children’s lives by slashing USAID funding, calling Gates a liar and demanding evidence of harm. Gates and health advocates argue the cuts jeopardize vital HIV/AIDS services in places like Gaza, Mozambique, with Gates accusing Musk of failing to grasp the real-world consequences of DOGE’s cost-cutting.

Tesla CEO Elon Musk has pushed back on Bill Gates’s claim that the Department of Government Efficiency (DOGE) will endanger the lives of millions of children.

Recommended Video

Musk was appointed to run DOGE by President Trump when he won the Oval Office, after the duo formed a political alliance ahead of the November election.

Since then, DOGE has been a controversial cost-cutting agency ripping through government departments, including education and USAID.

It is the action taken in USAID that caught the attention of Microsoft co-founder and billionaire philanthropist Bill Gates.

In an interview with the Financial Times earlier this year, Gates said: “The picture of the world’s richest man killing the world’s poorest children is not a pretty one.”

Musk, worth $376 billion per the Bloomberg Billionaires Index, hit back yesterday in an interview with Bloomberg while appearing remotely at the Qatar Economic Forum in Doha.

Musk called Gates a liar, adding: “Who does Bill Gates think he is?”

It was pointed out to Musk that Gates had donated billions to philanthropic causes in some of the poorest parts of the world, including, most recently, a pledge to donate virtually all of his wealth to his foundation.

Gates recently told Fortune the funds, which will total approximately $200 billion, must be spent by 2045 when the foundation will close.

The most recent criticism from Gates, in an interview published earlier this month, came in relation to Musk’s acknowledged mistake about a claim that condoms were being sent to Gaza in the Middle East, with DOGE cancelling the payment via USAID.

It was put to Musk that the contraceptives may instead be bound for the Gaza region of Mozambique to help fight AIDS and HIV infection.

“I’d love for him to go in and meet the children that have now been infected with HIV because he cut that money,” Gates told the FT.

Per Fortune’s own reporting, one charity operating in Gaza, Mozambique did have contracts worth $33m cut by USAID.

In March Trish Karlin, executive vice president for business development and external affairs at the Elizabeth Glaser Pediatric AIDs Foundation, told Fortune the funds were bound to be spent on the “healthcare workforce, support for counseling, testing, blood samples to see how people are progressing in their disease, what other opportunistic infections they may have, psychosocial support training. In some cases logistics.

“We’ve seen stories of drugs are arriving in country but [there’s no] system to then get those medications to the pharmacy. It’s a complex service.”

Musk says he asked for evidence and was met with silence

Speaking to the audience in Doha, Musk said he has gone back over the data and checked whether it could have led to any deaths of children, or indeed the “millions” of casualties Gates has warned of.

“I’d like him to show us any evidence whatsoever that that is true,” Musk said. “It’s false. What we found with USAID cuts—and by the way, they haven’t all been cut—the paths of USAID that were found to be even slightly useful were transferred to the State Department. They’ve not been deleted, they’ve simply been transferred to the State Department.

“But many, many times over with USAID and other organizations, when they said ‘Oh this is going to help children’ or ‘It’s going to help some disease eradication’ or something like that, and then when we asked for any evidence whatsoever, I said: ‘Well please, connect us with this group of children so we can talk to them and understand more about the issue,’ we get nothing.”

Musk continued that philanthropic organizations had declined to present a “show orphan” to illustrate their need for funds, and continued: “What we find is an enormous amount of fraud and graft.

Musk then asked to see which programs have had funding cancelled that could lead to deaths and added: “If in fact this is true, which I doubt it is, then we’ll fix it.”

Representatives for both Musk and Gates were approached by Fortune for comment.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
Eleanor Pringle
By Eleanor PringleSenior Reporter, Economics and Markets
LinkedIn icon

Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Trump cancels signing a housing bill and blindsides his own party in a social media post
PoliticsDonald Trump
Trump cancels signing a housing bill and blindsides his own party in a social media post
By The Associated Press, Mary Clare Jalonick, Kevin Freking, Josh Boak and Lisa MascaroJune 24, 2026
1 hour ago
t
PoliticsDonald Trump
Trumps holds landmark affordable housing bill hostage over his pet issue: the ‘national emergency’ of voter ID
By Mary Clare Jalonick and The Associated PressJune 24, 2026
1 hour ago
Jack Schlossberg built a sardonic social media campaign filled just to barely break 10% in Tuesday’s primary
PoliticsPolitics
Jack Schlossberg built a sardonic social media campaign filled just to barely break 10% in Tuesday’s primary
By The Associated Press, Danny Peltz and Anthony IzaguirreJune 24, 2026
1 hour ago
NYC Mayor Zohran Mamdani 3 for 3 on his ‘better Democrats’ endorsements: ‘Put working people back at the heart of politics’
PoliticsNew York City
NYC Mayor Zohran Mamdani 3 for 3 on his ‘better Democrats’ endorsements: ‘Put working people back at the heart of politics’
By The Associated Press, Jesse Bedayn, Thomas Beaumont and HUMERA LODHIJune 24, 2026
1 hour ago
s
BankingScott Bessent
Scott Bessent calls Mamdani ‘leader of the Democratic Party,’ touts weekly Warsh breakfasts and a new push to put every American in the stock market
By Nick LichtenbergJune 24, 2026
2 hours ago
White House blames ‘leftist activists’ for Reflecting Pool snafus as crews put up fencing to block off the algae- and peeling paint-filled water
LawWhite House
White House blames ‘leftist activists’ for Reflecting Pool snafus as crews put up fencing to block off the algae- and peeling paint-filled water
By Matthew Daly and The Associated PressJune 24, 2026
2 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
10 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
1 day ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.