Bill Gates: "Silvio Berlusconi Wastes Money on Baldness Cures"

Microsoft founder Bill Gates has slammed Italian Prime Minister Silvio Berlusconi for being more preoccupied with treating his own baldness than third world malaria.

Gates says Berlusconi spends too much on his hairline and is stingy whith foreign aidThe New York Post said Gates believes Berlusconi is stingy when it comes to foreign aid and is more concerned about his receding hairline than the world's starving people.

"Rich people spend a lot more money on their own problems," Gates said.

"Dear Silvio, I am sorry to make things difficult for you, but you are ignoring the poor people of the world," he told German newspaper Frankfurter Rundschau.

However, despite his clear reference to the notoriously image-conscious Italian PM, it's not hair loss treatment costs that have the billionaire's knickers in a twist.

In an annual report issued by the Bill and Melinda Gates Foundation, Italy's aid was listed in 2008 at 0.21% of GDP. Gates said it was "uniquely stingy among European donors."

The criticism comes just days after Berlusconi's hairline was hotly discussed among the papers, with headlines such as "Berlusconi's Hair Gone in 48 Hours".

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