Microsoft founder Bill Gates said he intends to give away 99% of his vast fortune over the next 20 years.
Gates said he would accelerate his giving via his foundation, with plans to end its operations in 2045.
>People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them
he wrote in a blog post Thursday.
Mr Gates, 69, said his eponymous foundation has already given $100bn (£75bn) towards health and development projects, and that he expects it will spend another $200bn, depending on markets and inflation, over the next two decades.
In his blog post, Mr Gates cited a 1889 essay by tycoon Andrew Carnegie called The Gospel of Wealth, which argues that wealthy people have a duty to return their fortunes to society.
Mr Gates quoted Mr Carnegie, who wrote:
>the man who dies thus rich dies disgraced.
joj1205 on
Can he hand me a cheeky 10k. Change my life. Life my no longer exist by that point. Because of the oligarchys class.
WhiskeyKid33 on
I’m all for that – and good on him. That said, billionaires are gross and an absolute failure of society. When we (hopefully) evolve as a species and axe this need for excess, history will not be kind to these selfish few.
JamesTiberiusCrunk on
Bill Gates keeps telling people he’s going to give away all of his money while not actually doing it.
uzu_afk on
I got mortgage Mr Gates… What are the odds of changing a life over this reddit comment!?
Jubenheim on
Do it now. Otherwise, he’s just announcing this to get people to suck his dick.
Gustapher00 on
If he, and other billionaires, really want to help folks, they should start basting themselves and lathering up in bbq sauce.
Sevourn on
He’s been saying this for a long time and the “my fortune is gone” date keeps moving forward right along with his age.
cluib on
He could give away all his money and still have billions. He earns insane amounts on the stock market and interest. I do however respect his stance. There is fare more billionaires that should do the same.
MFreurard on
Hopium for the masses. How can anyone in 2025 trust that man for anything ?
Danny_Notion on
Funny enough, I just happen to be looking for someone to give me most of their fortune by 2045.
DavidDaveDavo on
Mr Gates is worth about 112 billion. So he wants to give away 99% and not die rich. This fucker thinks that only having a single billion makes you poor.
These people are so far out of touch it’s almost comical.
Please Mr Gates. Give me a billion, that way I won’t actually be rich in your eyes. Jeez
Ginn_and_Juice on
Didn’t read, don’t care about his stupid ass. But i assure you, this is a tax evasion scheme
ChillyChellis57 on
If he wants to do some good he should give money to actual human beings rather than Foundations.
Right-Funny-8999 on
Imagine he dies tomorrow and is late to give it up and people still say ‘he died rich’
spdrman8 on
Mr Gates, My routing number is 428462840 and my bank account number is 927462743893. $20,000 would change my life! Thanks…….
Kwaashie on
No,he plans to move it to his tax free foundation. Whata guy
areyouentirelysure on
I read the comments with shock. What a bunch of assholes on this sub.
SamuraiMike81 on
Ya know, I could definitely use some of that cash good sir.
Miracl3Work3r on
Does he re-announce this every time he needs a PR or ego boost?
Sir_Bumcheeks on
Give it away to his own foundation…
Let’s not forget this dude was a frequent customer of Epstein Island.
balancedchaos on
Welp, this is the post that did it. A man tries to do something positive with his wealth, and Neggit has nothing but awful shit to say about it. Fuck this site, bye.
thewildbeej on
Putting your money in your own personal charity is not giving away anything. It’s avoiding taxes.
caityqs on
This again? He’s like the vampire who keeps faking his death every so often, hoping to remain inconspicuous.
__Rosso__ on
This whole post just showed me how stupid people are, and hateful.
This man has already done more for the world than any of us, and yet people still find fault somehow.
Y’all don’t want things to be better, y’all are either stupid, jealous or just want to be mad at something, probably as an excuse on why you yourself can’t make money.
jethro401 on
Bill gates does not need to give money away, nor does he need to continue funding eugenics like his family. He wants to reduce the population, it is his duty to immediately commit seppuku.
Edarneor on
He’s gonna have to give that away because of, uh.. natural causes by then.
junomint on
Great how about you and all the other rich bozos funding killing kids give all that land you hoard back to the public. How about all of you give back what youve stolen from others labor.
Aureliusmind on
Ah yes, 2045, the theoretical year of technological singularity.
AndByMeIMeanFlexxo on
Sheeeiit I’ll take me some of that since he’s offering
ShippingNotIncluded on
Hey u/thisisbillgates do you mind donating some money to my business 🥺
Mikes005 on
We could just tax him properly and he wouldn’t have to plan.
rtkamb on
My DM’s are open Mr. Gates. I could really use $35000 to pay off my student loans
H43D1 on
Thanks, Bill Gates. I hope all other billionaires take notes.
potominova on
Meanwhile Putin said Russia will have a real election in 2035
Key_Corgi7056 on
Instead of giving it all tp charities he should pick some random poor folks amd give em 10k each.
Lost_Capital_2287 on
Do I just post my Cashapp handle or will he just send a check?
realfakejames on
Sounds like a guy who doesn’t think society will be around in 2045 to hold him to this, or maybe that even he won’t be
zanderkerbal on
Bill Gates is trying so hard to whitewash his reputation after swooping in to make sure Oxford’s COVID vaccine research ended up in the proprietary hands of AstraZeneca rather than becoming open-source like the researchers behind it originally intended. This hamstrung the abilities of non-first world countries to develop their own vaccine manufacturing capacity and likely resulted in millions of preventable infections. He has blood on his hands and we can’t let him forget it.
39 Comments
Microsoft founder Bill Gates said he intends to give away 99% of his vast fortune over the next 20 years.
Gates said he would accelerate his giving via his foundation, with plans to end its operations in 2045.
>People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them
he wrote in a blog post Thursday.
Mr Gates, 69, said his eponymous foundation has already given $100bn (£75bn) towards health and development projects, and that he expects it will spend another $200bn, depending on markets and inflation, over the next two decades.
In his blog post, Mr Gates cited a 1889 essay by tycoon Andrew Carnegie called The Gospel of Wealth, which argues that wealthy people have a duty to return their fortunes to society.
Mr Gates quoted Mr Carnegie, who wrote:
>the man who dies thus rich dies disgraced.
Can he hand me a cheeky 10k. Change my life. Life my no longer exist by that point. Because of the oligarchys class.
I’m all for that – and good on him. That said, billionaires are gross and an absolute failure of society. When we (hopefully) evolve as a species and axe this need for excess, history will not be kind to these selfish few.
Bill Gates keeps telling people he’s going to give away all of his money while not actually doing it.
I got mortgage Mr Gates… What are the odds of changing a life over this reddit comment!?
Do it now. Otherwise, he’s just announcing this to get people to suck his dick.
If he, and other billionaires, really want to help folks, they should start basting themselves and lathering up in bbq sauce.
He’s been saying this for a long time and the “my fortune is gone” date keeps moving forward right along with his age.
He could give away all his money and still have billions. He earns insane amounts on the stock market and interest. I do however respect his stance. There is fare more billionaires that should do the same.
Hopium for the masses. How can anyone in 2025 trust that man for anything ?
Funny enough, I just happen to be looking for someone to give me most of their fortune by 2045.
Mr Gates is worth about 112 billion. So he wants to give away 99% and not die rich. This fucker thinks that only having a single billion makes you poor.
These people are so far out of touch it’s almost comical.
Please Mr Gates. Give me a billion, that way I won’t actually be rich in your eyes. Jeez
Didn’t read, don’t care about his stupid ass. But i assure you, this is a tax evasion scheme
If he wants to do some good he should give money to actual human beings rather than Foundations.
Imagine he dies tomorrow and is late to give it up and people still say ‘he died rich’
Mr Gates, My routing number is 428462840 and my bank account number is 927462743893. $20,000 would change my life! Thanks…….
No,he plans to move it to his tax free foundation. Whata guy
I read the comments with shock. What a bunch of assholes on this sub.
Ya know, I could definitely use some of that cash good sir.
Does he re-announce this every time he needs a PR or ego boost?
Give it away to his own foundation…
Let’s not forget this dude was a frequent customer of Epstein Island.
Welp, this is the post that did it. A man tries to do something positive with his wealth, and Neggit has nothing but awful shit to say about it. Fuck this site, bye.
Putting your money in your own personal charity is not giving away anything. It’s avoiding taxes.
This again? He’s like the vampire who keeps faking his death every so often, hoping to remain inconspicuous.
This whole post just showed me how stupid people are, and hateful.
This man has already done more for the world than any of us, and yet people still find fault somehow.
Y’all don’t want things to be better, y’all are either stupid, jealous or just want to be mad at something, probably as an excuse on why you yourself can’t make money.
Bill gates does not need to give money away, nor does he need to continue funding eugenics like his family. He wants to reduce the population, it is his duty to immediately commit seppuku.
He’s gonna have to give that away because of, uh.. natural causes by then.
Great how about you and all the other rich bozos funding killing kids give all that land you hoard back to the public. How about all of you give back what youve stolen from others labor.
Ah yes, 2045, the theoretical year of technological singularity.
Sheeeiit I’ll take me some of that since he’s offering
Hey u/thisisbillgates do you mind donating some money to my business 🥺
We could just tax him properly and he wouldn’t have to plan.
My DM’s are open Mr. Gates. I could really use $35000 to pay off my student loans
Thanks, Bill Gates. I hope all other billionaires take notes.
Meanwhile Putin said Russia will have a real election in 2035
Instead of giving it all tp charities he should pick some random poor folks amd give em 10k each.
Do I just post my Cashapp handle or will he just send a check?
Sounds like a guy who doesn’t think society will be around in 2045 to hold him to this, or maybe that even he won’t be
Bill Gates is trying so hard to whitewash his reputation after swooping in to make sure Oxford’s COVID vaccine research ended up in the proprietary hands of AstraZeneca rather than becoming open-source like the researchers behind it originally intended. This hamstrung the abilities of non-first world countries to develop their own vaccine manufacturing capacity and likely resulted in millions of preventable infections. He has blood on his hands and we can’t let him forget it.