Former CEO remains focuses on charity, says no country will be "poor" by today's standards by 2035    



From DailyTech:

The world's richest man said in the Bill & Melinda Gates Foundation's annual letter to donors that by 2035 -- 21 years from now -- he expects all 35 countries currently classified as "low-income" by the world bank, to reach the modest levels of income. He predicts 70 percent of nations will at least reach the level of average inflation adjusted income seen today in China, and 90 percent will reach at least the levels seen today in India.

He says that the currently impoverished countries most at risk include a handful of countries controlled by extremist political regimes like North Korea and a handful of countries with challenging geographical locations, such as the countries of war-torn Central Africa. Still he feels even these countries have hope of prosperity within a couple of decades.

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