He sheds more than anyone else. He’d be much higher on the richest-people list otherwise.
So far, he’s given over 60 billion to the Gates Foundation, which has given away over 100 billion (the rest of the money comes from Warren Buffet and endowment growth).
It’s designed to spend to zero (over 200 billion dollars) by 2045 so it doesn’t become a self-sustaining wealth generator for staff like other endowments have.
And the crazy part of this philanthropy is that there’s no guarantee to anything. These oligarchs live like kings amongst men and we can see ourselves lucky to be in the light of their philanthropic sun.
I mean yes thank you Bill Gates for not being such a dipshit like Elon, but I also think that this kind of power should not be in the hands of individuals ever.
Cause as you said: the harm they caused (actively or passively by f.e. not paying taxes in countries outside the US and therefore stealing money from governments and people) can never be fixed by any philanthropy.
You just don’t get that kind of rich without being an asshole along the way.
He sheds more than anyone else. He’d be much higher on the richest-people list otherwise.
So far, he’s given over 60 billion to the Gates Foundation, which has given away over 100 billion (the rest of the money comes from Warren Buffet and endowment growth).
It’s designed to spend to zero (over 200 billion dollars) by 2045 so it doesn’t become a self-sustaining wealth generator for staff like other endowments have.
The idea is that the harm caused by him amassing such excess caused more harm than any good he can do through philanthropy.
And the crazy part of this philanthropy is that there’s no guarantee to anything. These oligarchs live like kings amongst men and we can see ourselves lucky to be in the light of their philanthropic sun.
I mean yes thank you Bill Gates for not being such a dipshit like Elon, but I also think that this kind of power should not be in the hands of individuals ever.
Cause as you said: the harm they caused (actively or passively by f.e. not paying taxes in countries outside the US and therefore stealing money from governments and people) can never be fixed by any philanthropy.
You just don’t get that kind of rich without being an asshole along the way.