Bill Gates Philanthropy

It is like Bill Gates' philanthropy.

Bill Gates pledged the same and yet his wealth hasn't reduced. Worse, the philanthropy has been targetted ideologically (like encouraging private schools) and somehow keeps ending up favouring companies he has ownership in.

You do realize that Gates (like Warren Buffet) is giving most of his wealth away to charities, right?

I mean, two of them have pledged to give away their wealth, and the other is actively seeking ideas to do so.If they’re giving it away anyway, what’s the problem?I guess if you’re in that lower 50% of the US, it might sorta suck that Gates is sorting out renewable energy and malaria and not just directly giving you money? But it’s possibly a little repugnant to complain about it?(Although I fully acknowledge it isn’t ACTUALLY poorer folk complaining about it, it’s moderately well off jo

Bill Gates isn't really that much of an outlier within the class of people with that level of wealth. There is a long tradition of it stretching to the likes of Andrew Carnegie, and Gates isn't even the only modern example. Warren Buffet has committed to giving 99% of his wealth to charity. Elon Musk is Elon Musk. Any random billionaire is more likely to have a charitable foundation than not. It's pretty much impossible to spend that amount of money on heroin and hookers in practi

I think it's hard to criticize the man on those grounds since he has pledged to give the "bulk of his fortune" to the Gates Foundation. That's arguably more productive than donating money to the government.http://www.washingtonpost.com/wp-dyn/content/article/2006/06...

In a way there are, or at least BillG and Elon Musk. Buffett is giving his money to the Gates Foundation. Musk and Gates each identified what they saw as our greatest issues where they could have impact, and went from there. Whether we agree with their priorities or not, it's inspiring to watch.

Bill Gates has dedicated >90% of his lifetime income to poverty relief projects, and hasn't cured poverty yet.

I guess I'm more cynical than you. I see it as subtracting props to insist that your name be inscribed on the side of every structure you fund. Bill Gates and others like him are not "giving away" money, since there's practically nothing material they could buy with it in the traditional sense. Gates is trading useless wealth for social prestige. Compare to Sergey Brin, who also spends money on humanitarian efforts such as disaster relief, but takes pains to avoid headlines.

I would not call it "giving away money."This is what giving away money is and what really makes a difference in people's lives: John Oliver buys and forgives $15m worth of medical debt [0].Now, just imagine what a billionaire like Bill Gates could do. Actual material change in people's lives.[0]: https: