At least Bill gives away a lot of his money, and his stance on politics seems relatively sensible and measured. Whereas the South African billionaire gets a kick out of being stupid and damaging to the US (and beyond the US if you look at his comments on foreign politics).
If you still control how it is spent, are you really giving it away?
Actually yeah. You can’t just give a billion to an organization. Most of the organizations that receive money have the capacity to handle millions at most. Anything above that would just sit on their bank accounts because they’d have to scale up massively.
The amount of money the Gates Foundation is handling requires so much managing that they have 2000 employees.
I suggest to read up on what they are actually doing:
He spends quite big sums on healthcare I think? I’m not saying he’s a perfect guy. Maybe the world would be better if taxes were such that nobody could be a billionaire. I just think I prefer Bill Gates to other billionaires, especially the prominent South African one.
SleafordMod@feddit.uk 3 weeks ago
At least Bill gives away a lot of his money, and his stance on politics seems relatively sensible and measured. Whereas the South African billionaire gets a kick out of being stupid and damaging to the US (and beyond the US if you look at his comments on foreign politics).
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
Does he? If you still control how it is spent, are you really giving it away?
x00z@lemmy.world 3 weeks ago
Actually yeah. You can’t just give a billion to an organization. Most of the organizations that receive money have the capacity to handle millions at most. Anything above that would just sit on their bank accounts because they’d have to scale up massively.
The amount of money the Gates Foundation is handling requires so much managing that they have 2000 employees.
I suggest to read up on what they are actually doing:
It’s quite altruistic in nature.
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
Giving it away allows other people to decide what to do with it.
Gates is in full control of what he “gives” away.
SleafordMod@feddit.uk 3 weeks ago
He spends quite big sums on healthcare I think? I’m not saying he’s a perfect guy. Maybe the world would be better if taxes were such that nobody could be a billionaire. I just think I prefer Bill Gates to other billionaires, especially the prominent South African one.
Knock_Knock_Lemmy_In@lemmy.world 3 weeks ago
He blocked Oxford university from open sourcing it’s covid vaccine so that his other vaccine investments paid off.