“I will give away virtually all my wealth”: The Microsoft billionaire has pledged his foundation will distribute $US200 billion over the next 20 years.
But honestly it does kinda fit, someone like Elon Musk is a billionaire with the sole goal of gaining more useless wealth at any costs, while Gates kinda realised over three decades ago that he has so much already he doesn’t have a need to actually get more.
He’s already given around $100 billion in donations, and probably actually would have ran out of money by now if not for the fact that even though he has sold off his Microsoft stock from the initial 45% down to just around 1%, that 1% has been growing like crazy -15 years ago, it would have been worth around $2.5 billion, today it’s over $40 billion.
That original 45% would be worth 1.5 trillion today, btw.
So then, Bill isn’t a billionaire, by definition?
But honestly it does kinda fit, someone like Elon Musk is a billionaire with the sole goal of gaining more useless wealth at any costs, while Gates kinda realised over three decades ago that he has so much already he doesn’t have a need to actually get more.
He’s already given around $100 billion in donations, and probably actually would have ran out of money by now if not for the fact that even though he has sold off his Microsoft stock from the initial 45% down to just around 1%, that 1% has been growing like crazy -15 years ago, it would have been worth around $2.5 billion, today it’s over $40 billion.
That original 45% would be worth 1.5 trillion today, btw.