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by thraneh
1999 days ago
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Has any other philanthropists in history appeared to care about the world (or part of the world) in a more profound way than Bill and Melinda Gates? The question I have, though, is how about continuation? I can't find anything on their website about a (hopefully distant) future without Bill and Melinda. Are the covenants such that the organisation can continue and still have the same impact? And the reason I care is that I always have doubts about the long-term effectiveness of charity contributions. It appears to me that their foundation has a more fundamental long-term impact than other charities. If I had some guarantees about the continuation, I'd be very interested in leaving my worldly possessions to this foundation, when my own time is up. For reference: I'm in my 50s, have no children, and the thought about donating through my will is getting back to me more and more often. |
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In my opinion, his philanthropy work is just another playground. Power is addictive and now he has way to exercise power over world outside the tech industry. Quick Google search shows he spent 45B$ on his foundation... and another search shows his net worth is still 119B$. This is still more money that I can imagine, even if he spent 99.9% of it he would still be richer than I can ever hope for. And honestly, his personal brand is so strong that even after zeroing on his account balance he could become multimillionaire in no time.
Maybe I'm overly cynical. Maybe my memory fails me and I'm mistaken about how bad reputation he and his company had back in the day. But it's hard for me to buy this 180 degree turn from ruthless CEO into great philanthropist. Now, I'm not saying his antichrist and he planned the pandemic 20 years ahead; I just would appreciate some healthy skepticism.