Actually, Gates has donated over $50 billion of his wealth to charity.
Microsoft co-founder Bill Gates is a noted philanthropist and has pledged a significant amount of money during the pandemic.www.usatoday.com
I used to think the same thing, but now have grown wiser.
1st? I remember when Gates first started out, he was criticized for not wanting to give to charities. Then he understood tax exceptions and public image and started to give to charity.
I believe the super rich dont give squat. They set up their own charities so the money funnels back into their pockets.
Ya its an investment so he can make more money.A hefty chunk of his money goes to supporting cutting edge scientific research. The top scientist in my department gets Gates money.
ALL these billionaires seem to give multi millions each to charity and people still suffer economically worldwide. They say 5%-33% MAX of charity money is actually given away. The rest is eaten by the charity.