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He runs the biggest liberal grantmaking network for decades, and as a result drew the ire of European nationalists, who then overtime connected with the burgeoning American neo Nazis/ethnonationalists/conspiracy theorists. As politics in America became more and more partisan (intensifying especially after the 2000 election), he became the right‘s favourite boogeyman in online spaces, and that is often tinged with the classic healthy dose of anti semitism (Illuminati/Rothschild) due to his Jewish descent.
A lot of the QAnon people I've seen here have pivoted a little and Bill Gates is now their biggest boogyman. They connect COVID to Bill Gates wanting to install microchips into everyone via the vaccine and Bill Gates is behind 5G which is mind control or something.