The inherent problem with this is that charity should be something guided by community consensus and expert opinion, not at the whim of an oligarch (who is primarily funneling money into his own foundation). Imagine if that money went into fair worker pay and then was taxed appropriately, where it could then be used for outreach programs, grants, funding ngos, etc dictated by political means rather than having some pseudo king having to decide your cause is worthy. granted in our current climate the political means are rotten but if we had an equitable system that didn’t allow for bill gates to exist we would hopefully have a better framework for this part too.
Also will take the time to point out that for all of his “charity” his net worth has, for the most part, stayed the same or increased throughout the years. Something tells me his kids will have still have obscene generational wealth
Oh, I don’t disagree. The how to his billions should be scrutinized heavily, which is what I was pointing toward with the last sentence.
As for his net worth, he has currently pledged (last month) to give it away before he dies. His now ex wife still has an impressive amount and his kids no doubt have massive trusts to their name, so they will not need to work for anything (a disservice, I think).
Again, I just think he is using his massive wealth in a more altruistic manner than the majority of the wealthy, which does not do away with his historical moral character.
The inherent problem with this is that charity should be something guided by community consensus and expert opinion, not at the whim of an oligarch (who is primarily funneling money into his own foundation). Imagine if that money went into fair worker pay and then was taxed appropriately, where it could then be used for outreach programs, grants, funding ngos, etc dictated by political means rather than having some pseudo king having to decide your cause is worthy. granted in our current climate the political means are rotten but if we had an equitable system that didn’t allow for bill gates to exist we would hopefully have a better framework for this part too.
Also will take the time to point out that for all of his “charity” his net worth has, for the most part, stayed the same or increased throughout the years. Something tells me his kids will have still have obscene generational wealth
Oh, I don’t disagree. The how to his billions should be scrutinized heavily, which is what I was pointing toward with the last sentence.
As for his net worth, he has currently pledged (last month) to give it away before he dies. His now ex wife still has an impressive amount and his kids no doubt have massive trusts to their name, so they will not need to work for anything (a disservice, I think).
Again, I just think he is using his massive wealth in a more altruistic manner than the majority of the wealthy, which does not do away with his historical moral character.