Bill Gates announced new plans to distribute “virtually all” of his wealth — around $200 billion, he estimates — within the next 20 years.
Bill Gates announced new plans to distribute “virtually all” of his wealth — around $200 billion, he estimates — within the next 20 years.
Hero
Why wait. It must be hard living on 20 billion. Wonder if it makes up for sucking up to trump
There are no ethical billionaires.
The rare billionaire who seems like a somewhat good person.
No such thing as a good billionaire. He's distributing it to himself.
Look into him more. He actually does a ton of charity work
He should have been taxed far far more heavily on his wealth, but it’s totally false to claim he’s distributing it to himself
I also have trouble sleeping at night and would do anything to stop the slide show of memories that plays on my eyelids when I put my head on a pillow. Hope this works out for him.
Tax free move and not worried about his wealth as a result…..geesh could you send me some
Didn't he try ("try") this already and all the money just wound up back in his hands plus some?
Had the Gates foundation not spent the $50bn he’s given it he would be worth over $200bn.
Great thanks are due to Bill Gates for accepting in this decision the duty of the lucky to look after the unlucky. Material success in this world is a consequence of a person's genetic and/or social endowment, ie a matter of pure luck. Congrats too to W Buffett and M Bloomberg for similar decisions.
🇺🇸🗽 America Made Gates Gates Makes America Great
Here is my Venmo Bill….@marcoesquandoloas.
he lives comfortably but he holds himself to his beliefs, morals, values & show gratitude for what he has & the people who enriched his life -he addresses 2 things-1-you can't take your wealth with you when you die and 2. your answer to God's question , "What did you do with the life I gave you"?
Can he pay for my mother’s funeral?
All those times Word failed.. I accept: MS’ 💰
Getting on line for all those times that… well, you know. 🙄
Wow!
Words that you will never hear out of our dear leaders mouth I would wager
Does he have my address? Maybe I should send him my phone number. 🤔
Anti vaxxers gonna be so mad.
I'll believe it when I see it. The fact is, he won't be alive in 20 years. Most of us won't be. The climate alone will be killing us off.
in 20 years most of those places will be wiped off the map
😀
In 20 years he could be a trillionaire just from average stock market returns. Is he giving away everything or just the $200B he has now. This shit is always just free PR.
It says “virtually all” his wealth. I’d guess the $200B is more an estimate of that wealth now. Fairly sure what he gives away will be far more than $200B by the end of things
"Virtually all", and then puts the number at $200B, his current wealth. So there's really no reason to believe he's committing to more. I'm not saying he's not either, just that that's the quoted number and he's virtually guaranteed to gain exponentially more wealth over 20 years.
Sure, but in his defence he can’t also pledge to give a future amount that we can’t put a figure on yet as we don’t have how it will grow
Yes he can. Just say all the money.
And Musk wonders why people can't stand him!
$200 billion over 20 years sounds impressive, but what matters is how and where it’s spent. Private wealth shouldn’t replace public responsibility
Nor should a dictator in a democracy.
Agreed. In a democracy, neither individuals nor governments should make decisions about the common good without transparency and accountability. Power requires democratic legitimacy.
So what’s going to happen with all the Covid microchips in people’s brains after that?
Can I have 1 billion, please
Why did he take it all in the first place?
Money is meaningless when you own a controlling share of the food supply. He can give away every last dollar and it will continuously replicate itself until the end of humanity.
Both he and his ex, Melinda, are doing the correct thing with their wealth as opposed to the Bezos method of over the top ridiculous and wasteful spending. Imagine if Gates' fellow billionaires donated the majority of their wealth for medical research, feeding, housing the poor, educating kids etc.
Give it to USAID now and rehire everyone and continue the good work.
Sir! I am seriously still waiting for the toilet. I want that toilet!
Bill - u’r a good person!👏
// I know Bill did something alike before, but it’s amazing for me how they ALL try to REALLY save people and/or donate big sums of money only when they get old enough to fear death. Almost like they’re trying to buy a ticket to heaven or something.
Camel, needle. You’ve heard it before. I guess if you die broke and use that money to help people, then it counts?
// Reminds me of a great joke in a USA TV program with Bill Pullman (i guess) where rich religious people were developing huge needles and bioengineering micro camels.
I'm available. Don't need much.
Please ask Mr Gates if I can have $25,000.. it would really help me out! Thanks
Will he be giving his farmland away, too?
Yeah, all his corruption money that they stole in the first place. I like how this is getting spun to shine him in a good light considering he's for population control.
Pois é, não dá pra enterrar junto. 🦞
Bill, I'll send you my routing instructions.
He stole it all so now it is time to pay the piper.
How about in the 2 years directly after US citizens impeach the Felon?
No time like the present
That is wonderful news. For some perspective on this big number, “What would it look like if given to the citizens of the US? So Mr Gates’ $200,000,000,000 divided by the population of the US 340,000,000 would provide each Americas with ~$588. $588 is so far away from$200 billion.
Every dollar the capitalist has is dollar that someone else worked for but didn't get to keep.
😠👍🏻👍🏻👍🏻👍🏻🇺🇸🇺🇸🇺🇸🌝🌝🌝👏👏👏👏
👍🏽
Solve food distribution issues Solve housing issues-no more landlords Solve transportation Resolve student dept Destroy insurance companies Destroy big pharmaceutical companies Prop up small organic farm Destroy NRA Destroy citizens united and corporate ownership of politicians including judges
How does he have 200 billion dollars!?
Pay off student loans
Hey bill Could you please spare a cup of coffee
Yeah bullshit. He'll hand it over to a "foundation" for tax purposes and his heirs will benefit to infinity.
Hey Bill, donate to my new venture. It's a nonprofit.
How about we just tax it? While Gates is one of the better billionaires - let’s not pretend most of them are. All estates should be taxed at 100% on funds 1 bil plus- no loopholes.
There are some good billionaires out there. The difference is how they use their good fortune to help others. Pay it Forward.
Put it into American colleges & universities since they are under attack — maybe bolster their student aid endowments?
But the cult says he's woke.
I need to get on Gates' list. I don't need alot, but alot would be great!
Sprinkle some over here...
Hasn't he done this announcement...like 2-3 times already?
Many petty reactions on this.
always good guy bill gates. suck it trolls.
Such a nice guy...
Please buy Harvard!
He's 69. In the next 20 years, nature will take care of that for him.
He's "distributing" it to his own foundation.
they’re talking about spending by the Gates foundation doubling to $200bn over the next 20 years
if Bill could chuck us 130k to clear my mortgage and renovate my home that would be great