Do it now motherfucker.
this post was submitted on 09 May 2025
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It takes planning and must be done in stages? I suppose he does start with it now.
Yeah, I mean, a quick Google search shows his net worth at 133b. 113b x 0.01 = 1.13 billion dollars.
For context, bill is 69 yo, and the average US male lives to about 76 yo. That's a difference of six years, or 2190 days. That means that Bill would have to scrape by on just $519,000/day.
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THIS. EXACTLY THIS.
Bullshit, he's "transferring" his wealth to his own charity for tax reasons...
It's a trick to protect his money for his children.
Not according to the opening sentence?
The Gates Foundation plans to give away $US200 billion ($313 billion) over the next 20 years before shutting down entirely in 2045
Sure. The Gates Foundation gives the money to the Totally Not A Tax Dodge foundation which quietly pays the Gates kids as much as they want. I'm sure it will be more elegant than that, but that's the basic grift.
Meanwhile, Gates uses his reputation as a philanthropist, and all the soft power from controlling billions to further his own interests and cement his personal philosophy as the only option.
The charity means that the American people have no control at all over how the money is spent, so the plebians have to beg at their door for money to be used in the way that Gates says it must be used.
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Plenury indulgences or a carefully structured set of trusts that he will hold shadow control of? Either way i suspect the man sees the wall coming and wishes to avoid being pushed up against it and shot.
what is bill gates sacrificing to do this? As far as I'm aware absolutely nothing at all.
i think in order for this to be praised, in order for it to be good or generous there needs to be any amount of sacrifice. Is he downsizing his mansion for this? Does even one thing about his life change?
this is just a way of buying good pr.
He's sacrificing power and influence. That's what the big money people are all about, right?
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Bill gates isn't actually going to do this....
Yeah
Like the idiots who think philanthropy is an acceptable compromise to a fair society.
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He has been making this kind of promise since the early 2000s, but never follows through. Just the goal post keeps moving to the right.
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Why wait, just do it already.
Individuals hoarding wealth is bad for society.
Because he wants to benefit personally from his wealth and be seen as a good person.
And the idiots will keep eating it up
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Get fucked with a rusty rake bill, you helped stop the COVID vaccines from being patent exempt, among plenty of other awful shit, all for more money.
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I'll take some