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Gates Makes Largest Donation Since 2000 With $4.6 Billion Pledge (bloomberg.com)
From a report: Bill Gates made his largest gift since the turn of the century, giving away Microsoft shares that accounted for 5 percent of his fortune, the world's biggest. The billionaire donated 64 million of the software maker's shares valued at $4.6 billion on June 6, according to a Securities & Exchange Commission filing released Monday. While the recipient of the gift wasn't specified, Gates has made the majority of his donations to the Bill & Melinda Gates Foundation, the charity he and his wife use to direct their philanthropic efforts. It's the largest gift of Microsoft shares that Gates has made since 2000. The 61-year-old gave away $16 billion worth of Microsoft shares in 1999 and $5.1 billion a year later, according to calculations by Bloomberg.
I make $55k doing IT support in Silicon Valley. What am I doing wrong?
He still controls all of that money, but now he doesn't have to pay taxes on it.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
You should check on Gate's philanthropy background. Think what you may about him, he donated a shitload of money to very good causes over the world.
He also made massive donations to promoting genital mutilation (instead of fighting it).
He also prefers $1000 per dose meds bought from companies he cooperates with instead of $2 per dose of the same substance produced locally. Worse, receiving those $1000 meds usually comes with strings attached where they're contingent on passing laws that shut down production of generics in the name of "intellectual property".
B&M Gates Foundation is one of worst charities.
The creatures outside looked from Alt-Right to Antifa; but already it was impossible to say which was which.
That should be enough for anybody.
What you are complaining about is that he didn't pay taxes on money he never had and never will have. Do you pay taxes on money you never had?
When you have that much money, you can randomly do weird things with it, with no risk, to get attention focused on you or to see what comes out of peoples' mouths... sort of a litmus test, if you will. I can't imagine what it would be like to have that much money and get bored enough to fuck with it just to stir the proverbial pot.
I digress.
If Gates wants to do something that was unquestionably sincere maybe he should give back that money to all the people he swindled so that they can be the revered philanthropists rather than use it to intentionally/inadvertently pump up his own reputation. Otherwise its just like a bankrobber donating to charity. Admittedly the money is going to a lot of good causes but its also going to some bad causes too. And the people he crushed could have donated that money all the same. When he’s as rich as he is theres nothing left to buy but your own legacy, a rational psychopath could do what Gate’s is doing so why he gets so much credit is puzzling. No doubt, he’s shown he’s very smart but he’s also shown he’s a ruthless businessman, a businessman who perhaps is still playing the same game he’s been playing just at a higher level. Instead of throwing money to buy businesses he’s throwing money around to buy hearts and minds. Maybe he’s truly changed but I’ve seen no evidence.
There's no donation, just a move-around.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
I fully expect the comment area in this post to be filled with comments from people who never even heard all the stuff the Bill and Melinda Gates Foundation did over the years.
Because of course there is a predominant bias against Microsoft that will certainly contaminate and overlook all the work that the foundation has done.
Quick read here before you post your creed against it:
https://en.wikipedia.org/wiki/...
If you'd rather have Gates keep his money and let it go to his own family so that we have another bunch of Trumps running around, I hope you rot in hell.