My term paper for my global health governance course looks at the power of the Gates Foundation. ‘King Bill’ because Gates is the most powerful man in global health and is accountable to nobody but himself. ‘Magic’ because it focuses on breakthrough ‘magic bullet’ technical solutions.
As global philanthropic funds rise, see, e.g. the Billionaire’s Giving Club, understanding the power of organisations like Gates’ becomes increasingly important for maintaining an accurate picture of global governance.
The argument goes like this: