Bill Gates claims there will be no poor countries by 2035, right?
As snowy Davos becomes engulfed in the hustle and bustle of another World Economic Forum, Microsoft founder Bill Gates took the opportunity to deliver an upbeat message in his annual newsletter.
The 25-page report, written by Gates and his wife Melinda, who are co-chairs of the Bill & Melinda Gates Foundation, argued that the world is a better place than it has ever been before.
Gates predicted that by 2035, there would be almost no poor countries left in the world, using today's World Bank classification of low-income countries â€” even after adjusting for inflation.
"Poor countries are not doomed to stay poor. Some of the so-called developing nations have already developed," he said in his annual note, published on Tuesday.
"I am optimistic enough about this that I am willing to make a prediction. By 2035, there will be almost no poor countries left in the world."
Current number: 36
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