this post was submitted on 09 May 2025
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Uplifting News

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[–] NotAnotherLemmyUser@lemmy.world 10 points 19 hours ago (2 children)

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

[–] geneva_convenience@lemmy.ml 7 points 16 hours ago* (last edited 16 hours 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 4 points 14 hours ago

Even on lemmy his marketing pr is successful

[–] null_dot@lemmy.dbzer0.com 0 points 16 hours ago (1 children)

What stuff has he demanded in return?

[–] geneva_convenience@lemmy.ml 6 points 16 hours ago* (last edited 16 hours 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 -3 points 15 hours ago (1 children)

Sorry, what stuff has he demanded in return ?

[–] geneva_convenience@lemmy.ml 6 points 15 hours ago* (last edited 15 hours 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"?

[–] null_dot@lemmy.dbzer0.com -4 points 14 hours ago (1 children)

Nonsense. That's not how non profits work, and not how patents work.

[–] Bronzebeard@lemm.ee 4 points 14 hours ago

They didn't explain how parents work, not sure how you can claim that

[–] SpruceBringsteen@lemmy.world 6 points 17 hours 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 16 hours ago

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