Showing posts with label Bill Gates. Show all posts
Showing posts with label Bill Gates. Show all posts

Tuesday, September 21, 2010

I hope this guy stickc to his promise, spending his billions to defeat global poverty

'I will not be leaving my $56bn fortune to my kids', says Bill Gates |


MICROSOFT founder Bill Gates has revealed he won't be leaving his estimated $56 billion fortune to his children when he dies.

Instead the global software giant brainchild, who ranks alongside the Medicis, Romanovs, Rothschilds and Rockefellers as one of history's wealthiest people, told UK newspaper The Sun that his billions will be spent defeating global poverty.

"I will give the kids some money but not a meaningful percentage," he said.

"Setting the number so that they need to work but they feel reasonably taken care of is hard to figure out."

Bill Gates and his wife Melinda have three children - Jennifer, 14, Rory, 11, and eight-year-old Phoebe.

"I knew I didn't think it was a good idea to give the money to my kids," Mr Gates said.

"That wouldn't be good either for my kids or society. So the question was, 'Can I find something that had incredible impact?' I knew I wanted to do that."