The Bill and Melinda Gates Foundation has poured hundreds of millions of dollars into 11 of the 26 organizations backing an effort to prevent fellow billionaire Elon Musk from taking over social media platform Twitter, according to data shared with Breitbart by the Foundation for Freedom Online (FFO).
Among the 11 Gates-backed organizations reportedly spearheading the effort to sandbag Musk’s Twitter acquisition by pressuring advertisers to boycott the platform is the New Venture Fund, a ‘dark money’ organization that in 2020 received the largest one-year commitment the Foundation has made in over five years. The group funds the Center for Media Justice, the Media Democracy Fund, the National Hispanic Media Coalition, and Accountable Tech, all of which signed the open letter backing the advertiser boycott, and has received some 102 separate cash grants from Gates’ foundation since 2008, amounting to $457 million in all, according to the Foundation’s own financial disclosures. Other signatories, like the Sixteen Thirty Fund, are subsidiaries of the New Venture Fund.
The Tides Foundation, another dark money group heavily backed by Gates Foundation cash, funds another five signatories: Free Press, Indivisible, NARAL Pro-Choice America, Media Matters, and Black Lives Matter Global Network, while the Gates-backed Community Partners funds signatory Empowering Pacific Islanders Community and Gates-backed NEO Philanthropy is linked to signatory Reproaction.
Gates and Musk have publicly feuded recently, with the Microsoft founder revealing he still held a $500 million short position against Musk’s electric car company Tesla even as Gates called on Musk to get involved in his climate philanthropy. The SpaceX founder characteristically took to Twitter to air his grievances, likening a photo of Gates to the “pregnant man” emoji and calling the images a “boner killer.”