He said that he was giving away 99%+ 30 years ago, it’s just publicity stunts, or as Kyrgizon explains below they “give” things to nonprofits that they control. Why? They no longer pay taxes. So nice!
Bill gates is another billionaire mentally ill evil crap person, no different than elon or zuckenberg etc.
I don’t trust any of these “giving pledges” upon death. In name, their fortunes will pass on to nonprofits. Nonprofits controlled by their family members, which comes down to letting them keep their inheritances tax-free. This even happens in Europe.
Yup it’s mostly bullshit. Someone, somewhere might benefit, but certainly not any of the people within two thousands miles of where the rich guy lived. Which is still better than nothing, but Bill Gates could end homelessness in America immediately if he chose to do so. (I’m not saying it would be easy or fast, just that he has the money to make it happen.) He could make ALL COLLEGE FREE for students. Musk could have too, likely for less than he spent on Twitter.
So that’s why Gates said he would donate money once he dies
He said that he was giving away 99%+ 30 years ago, it’s just publicity stunts, or as Kyrgizon explains below they “give” things to nonprofits that they control. Why? They no longer pay taxes. So nice!
Bill gates is another billionaire mentally ill evil crap person, no different than elon or zuckenberg etc.
I don’t trust any of these “giving pledges” upon death. In name, their fortunes will pass on to nonprofits. Nonprofits controlled by their family members, which comes down to letting them keep their inheritances tax-free. This even happens in Europe.
Now now, it’s not like they get the whole inheritance. It’s more like they get cushy overpaid non-work jobs to manage or consult for the non-profit.
If old rich fucks had giving in their hearts, they would want to see some good shit done with the fruits of their “labor” (lol) while they are alive.
Yup it’s mostly bullshit. Someone, somewhere might benefit, but certainly not any of the people within two thousands miles of where the rich guy lived. Which is still better than nothing, but Bill Gates could end homelessness in America immediately if he chose to do so. (I’m not saying it would be easy or fast, just that he has the money to make it happen.) He could make ALL COLLEGE FREE for students. Musk could have too, likely for less than he spent on Twitter.
Yep. Look at Patagonia.
https://www.youtube.com/watch?v=0Cu6EbELZ6I