this post was submitted on 09 May 2025
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Uplifting News

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[–] SpruceBringsteen@lemmy.world 14 points 1 day ago (1 children)

This is him avoiding estate taxes, change my mind.

[–] NotAnotherLemmyUser@lemmy.world 10 points 1 day ago (2 children)

How much would his estate taxes be vs giving up 99% of his fortune?

[–] geneva_convenience@lemmy.ml 9 points 1 day ago* (last edited 1 day ago) (2 children)

Bill Gates uses his "charity" to exert influence worldwide and demand stuff in return.

If this man was truly giving away his money then world hunger would have been solved by now.

He is the largest landowner in the US

[–] brachiosaurus@mander.xyz 9 points 1 day ago

Even on lemmy his marketing pr is successful

[–] null_dot@lemmy.dbzer0.com -1 points 1 day ago (1 children)

What stuff has he demanded in return?

[–] geneva_convenience@lemmy.ml 8 points 1 day ago* (last edited 1 day ago) (1 children)

He heaivily invests in vaccines and pharma companies. And he keeps the vaccines patented.

See also this great video https://youtu.be/i8w3qPwpzZA

[–] null_dot@lemmy.dbzer0.com -5 points 1 day ago (1 children)

Sorry, what stuff has he demanded in return ?

[–] geneva_convenience@lemmy.ml 5 points 1 day ago* (last edited 1 day ago) (1 children)

He holds the patents on the vaccines which he acquired using a "nonprofit".

Do you think Sam Altman is also graciously saving the world with his "nonprofit"?

[–] SpruceBringsteen@lemmy.world 7 points 1 day ago (1 children)

I mean if I want my next of kin/whoever to get my money, it's better to do it while alive when you can get creative with the accounting. Especially when you've got Gates money and setting up something like a nonprofit is relatively easy.

Once you're dead and you've got this lump declared assets you're trying to pass on that Uncle Sam will take up to like 40% of.

[–] null_dot@lemmy.dbzer0.com 5 points 1 day ago

If only there was some way to see what the non-profit was doing, some kind of third party auditor or something.