Do it now motherfucker.
this post was submitted on 09 May 2025
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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.
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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I'll take some
Damn, Erika must be hanging around the wrong spaces. Don't get me wrong, the liberalist ones are full of idealistic drivel like that, it's true, but any Marxist space will drill into you their famous quote:
https://en.wikipedia.org/wiki/Theses_on_Feuerbach
The document is best remembered for its epigrammatic 11th and final thesis, "Philosophers so far have only interpreted the world, in various ways; the point, however, is to change it", which is engraved on Marx's tomb.
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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.
While the goal post keeps moving, it's the opposite of your statement. As explained in the article:
That target would represent a doubling in spending for the nonprofit, which has disbursed more than $US100 billion since it was co-founded by Bill Gates and Melinda French Gates in 2000. Originally, the foundation was set to close 20 years after the Microsoft co-founder’s death.
“I have decided to give my money back to society much faster than I had originally planned,” Gates, 69, wrote in a statement. “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world.”
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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
I mean, 99% of his wealth gone still leaves him with over a billion dollars. Might be more of a logistics and planning issue.
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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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Give it away now instead you piece of shit. If he actually gave a shit he would have donated it all to charities already. It's just a billionaire farse, fuck him and the rest of em.
he actually gave a shit he would have donated it all to charities already. It's just a billionaire farse,
Just not his own goddamned ~~tax avoidance scheme~~ charity
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