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.
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.