The Faux Generosity of the Super-Wealthy: Why Bill Gates Is a Menace to Society

Re:The Faux Generosity of the Super-Wealthy: Why Bill Gates ... by gentleman11 on Wednesday May 26, 2021 @02:01AM (#27286911)

I had read that gates and Warren Buffet had given away most of their fortunes. I did not realize Gates’ wealth was increasing

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Re:The Faux Generosity of the Super-Wealthy: Why Bill Gates ... by ffggvv on Wednesday May 26, 2021 @02:38AM (#27287155)

his wealth is increasing because microsoft stock is increasing faster than he can give it away. but he’s given away over 50 billion so far. it actually takes a lot of work to give away that much money without it going to waste. but his will is public and you can see any remaining will be given away

99.99 of it isn’t going to his kids unlike what the poster said and you can actually openly track what happens to it when he dies

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Re:The Faux Generosity of the Super-Wealthy: Why Bill Gates ... by ceilingcorner on Wednesday May 26, 2021 @03:39AM (#27287535)

Yes and Buffett is just a regular guy that drives through McDonald’s every morning. Hilarious that people believe these puff pieces.

https://www.cnbc.com/2018/04/18/warren-buffett-buys-breakfas...

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Re:The Faux Generosity of the Super-Wealthy: Why Bill Gates ... by coldtea on Wednesday May 26, 2021 @02:24AM (#27287068)

"Given away" => setup elaborate "charity" organizations and schemes they and their kids will control forever, to avoid taxation...

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Re:The Faux Generosity of the Super-Wealthy: Why Bill Gates ... by ffggvv on Wednesday May 26, 2021 @02:40AM (#27287160)

yeah that’s just a blatant lie. his kids don’t control the foundation

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Re:The Faux Generosity of the Super-Wealthy: Why Bill Gates ... by coldtea on Wednesday May 26, 2021 @03:17AM (#27287374)

Yeah, and they each "only" get $10 million in inheritance.

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