2d ago

Bill Gates vows to give away 99 per cent of his fortune by 2045

www.watoday.com.au

276 comments

Give it away now instead you piece of shit. If he actually gave a shit he would have donated it all to charities already. It's just a billionaire farse, fuck him and the rest of em.
- he actually gave a shit he would have donated it all to charities already. It's just a billionaire farse,
  Just not his own goddamned ~~tax avoidance scheme~~ charity
  
  Yes, to actual charities.
  
  Which are also tax avoidance schemes
  
  Careful now. Don't go painting all charities as a form of tax avoidance just because a lot are used for that.
  There are many great charities for many great causes out there.
  
  Great tax avoidance. Pay 100% of that money to some charity to avoid paying 20% to government
  
  Depends if you are talking about big charities or actual charities
- He is. He is already giving it all away. He's been doing it for 25 years and he will continue to do it for the next 20 years.
  You have to understand that his value grows over time and selling his stocks en masse would decrease their market value. He's been maximizing the amount of good done very effectively.
  
  He's been doing it for 25 years and STILL managed to reach 133 billion? No, I call bullshit. You don't just accidentally end up with that kind of money while "giving it all away", get real.
  
  When you own shares of Microsoft from 1986 to 2025 yes you do.
  
  His value grows from exploiting even more people.
  You keep repeating the claim that selling his stocks rapidly would tank their sale value. Let's see your math.
  
  OH NO! OH GOD NO! The US Tech Workers! They're being forced to use, oh god no, forced to use Visual Studio Code *vomits
  Oh the exploitation!
  
  First, pick up a book.
  Second, you seem to be assuming all of his investments have only tech workers, and that they're all very well paid.
  
  Lmao
  
  Stocks are an unpredictable mess of human behavior; you can’t put anything in a calculator to see what they will be tomorrow. It is based on market confidence.
  90% of investors won’t buy claims of “It’s just for charity” and will only see a massive sell off of MSFT, and drain the rest in turn through panic sales. It’s how every stock exchange crash has happened (though it can happen to just one or a few companies)
  The basic lesson for finance as in all things is whatever you want to do, it’s better to do it slowly over time. Even charities work better if they have funding over a long period to hire staff and plan events, rather than a sudden billion all at once for a room of 8 volunteers to figure out.

276 comments