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Comment on Bill Gates Bought His Daughter A $16 Million Horse Farm As A Graduation Gift — But Ex-Wife Melinda Says The Kids Were Raised Very 'Middle Class'

Knock_Knock_Lemmy_In@lemmy.world ⁨1⁩ ⁨day⁩ ago

thenation.com/…/how-gates-foundations-investments…

Examples of irresponsible investing include some of the world’s worst polluters, including ConocoPhillips, Dow Chemical and Tyco International; predatory lending companies such as Sallie Mae; fraudulent health care firms; and chocolate companies profiting from the slave labor of children.

International Assessment of Agricultural Knowledge, Science and Technology for Development (IAASTD) conclusions were diametrically opposed, at both philosophical and practical levels, to those espoused by Gates.

His personal investments benefited from foundation grants in Agbiome, Incarta therapeutics and Just Biotherapeutics

Not surprising given that Cascade Investments controls both the foundation and Bill’s personal portfolio.

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x00z@lemmy.world ⁨1⁩ ⁨day⁩ ago
Yeah i find the investment part of the foundation to be quite horrible. It heavily goes against what the foundation is giving grants to.

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- Knock_Knock_Lemmy_In@lemmy.world ⁨1⁩ ⁨day⁩ ago
  I will also soften my position.
  
  I’m much happier with the way Gates uses his billions than other deathly individuals.
  
  My point is that the phrase “giving it away” is highly misleading.
  
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