this post was submitted on 17 May 2025
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So that's why Gates said he would donate money once he dies
I don't trust any of these "giving pledges" upon death. In name, their fortunes will pass on to nonprofits. Nonprofits controlled by their family members, which comes down to letting them keep their inheritances tax-free. This even happens in Europe.
Yup it's mostly bullshit. Someone, somewhere might benefit, but certainly not any of the people within two thousands miles of where the rich guy lived. Which is still better than nothing, but Bill Gates could end homelessness in America immediately if he chose to do so. (I'm not saying it would be easy or fast, just that he has the money to make it happen.) He could make ALL COLLEGE FREE for students. Musk could have too, likely for less than he spent on Twitter.
what he was doing overseas was virtue signalling, to disguies his charities, so nobody would go looking into it, that is actually laundering money.
him lobbying the covid vaccine to be instantly pantent by the US was sketchy asf. its to ensure countries like african and asian ones, south america cant make deratives of the vaccine.
Yep. Look at Patagonia.
https://www.youtube.com/watch?v=0Cu6EbELZ6I
Now now, it's not like they get the whole inheritance. It's more like they get cushy overpaid non-work jobs to manage or consult for the non-profit.
its "charity" was only a front for him doing this, pure laundering methods. he was on an AMA on reddit last decade i did try to quesiton him on that same thing, but AMA doesnt like to allow discussion of them quesitoning the AMA hosts in anyway.
thats how he does it.
If old rich fucks had giving in their hearts, they would want to see some good shit done with the fruits of their “labor” (lol) while they are alive.
Yeah, like giving away billions to charity hey?
https://www.usatoday.com/story/news/factcheck/2020/06/11/fact-check-bill-gates-has-given-over-50-billion-charitable-causes/3169864001/
I was going to give him some credit in my comment but then I left it short and hit send. there’s more he can and will do, but he’s done way more for charitable causes than most.