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The three were chosen for their work in trying to find ways to eradicate such calamities as malaria in Africa, HIV and AIDS and the poverty that kills 8 million people a year, said James Kelly, Time managing editor.
"For being shrewd about doing good, for rewiring politics and re-engineering justice, for making mercy smarter and hope strategic and then daring the rest of us to follow, Bill and Melinda Gates and Bono are Time's Persons of the Year."
Bill Gates and his wife Melinda founded the 'Bill & Melinda Gates Foundation', which is the world's largest charitable foundation.
Bono is a co-founder of the 'DATA' (Debt, AIDS, Trade, Africa) organization, which fights poverty and HIV in the developing world. DATA was part of the coalition of organisations that founded the 'ONE Campaign', a movement which rallies Americans to fight the emergency of global AIDS and extreme poverty. The ONE Campaign was formed with the help of a $3 million donation from the Bill & Melinda Gates Foundation.
"The work that I do with DATA and the One Campaign has been helped by what Bill and Melinda do," Bono said. "This can be a generation in which we eradicate extreme poverty."
Read an interview with the 'Persons of the Year' on the website of Time Magazine.
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