this post was submitted on 09 May 2025
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Uplifting News

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[–] electric_nan@lemmy.ml 4 points 1 hour ago

Do it now motherfucker.

[–] jlow@discuss.tchncs.de 2 points 1 hour ago
[–] Crashumbc@lemmy.world 45 points 6 hours ago (1 children)

Bullshit, he's "transferring" his wealth to his own charity for tax reasons...

It's a trick to protect his money for his children.

[–] MimicJar@lemmy.world 10 points 3 hours ago (3 children)

Not according to the opening sentence?

The Gates Foundation plans to give away $US200 billion ($313 billion) over the next 20 years before shutting down entirely in 2045

[–] Dragonstaff@leminal.space 9 points 2 hours ago* (last edited 2 hours ago)

Sure. The Gates Foundation gives the money to the Totally Not A Tax Dodge foundation which quietly pays the Gates kids as much as they want. I'm sure it will be more elegant than that, but that's the basic grift.

Meanwhile, Gates uses his reputation as a philanthropist, and all the soft power from controlling billions to further his own interests and cement his personal philosophy as the only option.

The charity means that the American people have no control at all over how the money is spent, so the plebians have to beg at their door for money to be used in the way that Gates says it must be used.

[–] Crashumbc@lemmy.world 7 points 3 hours ago

I'll believe it when I see it. He's evil and always has been.

[–] tfm@europe.pub 1 points 3 hours ago
[–] PalmTreeIsBestTree@lemmy.world 2 points 3 hours ago (1 children)

Bill Gates looks so old these days.

[–] Mongostein@lemmy.ca 3 points 1 hour ago

That happens when you get old

[–] Godric@lemmy.world 14 points 5 hours ago (4 children)
[–] finitebanjo@lemmy.world 2 points 2 hours ago

I'm with you 100%.

Bill gates isn't actually going to do this....

[–] SoftestSapphic@lemmy.world 9 points 4 hours ago* (last edited 4 hours ago) (1 children)

Yeah

Like the idiots who think philanthropy is an acceptable compromise to a fair society.

[–] Godric@lemmy.world 0 points 3 hours ago (1 children)
[–] SoftestSapphic@lemmy.world 4 points 3 hours ago* (last edited 3 hours ago) (1 children)

You making yourself our enemy won't make us take your side.

[–] Godric@lemmy.world 2 points 1 hour ago

I'm saying 'saving lives is good actually' and you declare me an enemy that "endorses capitalism and imperialism"

exhausting

[–] Dragonstaff@leminal.space 0 points 2 hours ago

Your "nothing wrong" includes frequent trips to Epstein's island. 😬

I guess I'm just a crazy online Leftist for not thinking a nice donation to NPR is enough to even out molesting kids. I guess you want to give him a tote bag?

[–] jonjuan@programming.dev 19 points 9 hours ago (2 children)

Why wait, just do it already.

Individuals hoarding wealth is bad for society.

[–] finitebanjo@lemmy.world 4 points 2 hours ago* (last edited 2 hours ago)

Do you have a comprehensive plan on how to immediately spend 200Bn USD evenly and fairly only to the most impoverished people on earth in such a way that maximises longterm benefit more than spreading it out over 20 years?

Also, if you sell off 200Bn USD worth of stocks in a day then you're not going to make 200Bn USD off the sales.

[–] SoftestSapphic@lemmy.world 18 points 4 hours ago (1 children)

Because he wants to benefit personally from his wealth and be seen as a good person.

And the idiots will keep eating it up

[–] finitebanjo@lemmy.world 3 points 2 hours ago

I mean, 99% of his wealth gone still leaves him with over a billion dollars. Might be more of a logistics and planning issue.

[–] radiohead37@lemmynsfw.com 37 points 10 hours ago (2 children)

He has been making this kind of promise since the early 2000s, but never follows through. Just the goal post keeps moving to the right.

[–] ripcord@lemmy.world 9 points 8 hours ago (1 children)

Supposedly he's already given away half, why is it unthinkable that he's planning to give away the other half?

[–] SoftestSapphic@lemmy.world 4 points 4 hours ago (1 children)

Because good people don't hoard wealth to begin with.

He does this so people don't hate him for helping to destabilize the global economy.

[–] finitebanjo@lemmy.world 1 points 2 hours ago

I think only allowing bad people to hoard wealth would be a moral failure if a good person had the opportunity to choose.

[–] NotAnotherLemmyUser@lemmy.world 6 points 8 hours ago

While the goal post keeps moving, it's the opposite of your statement. As explained in the article:

That target would represent a doubling in spending for the nonprofit, which has disbursed more than $US100 billion since it was co-founded by Bill Gates and Melinda French Gates in 2000. Originally, the foundation was set to close 20 years after the Microsoft co-founder’s death.

“I have decided to give my money back to society much faster than I had originally planned,” Gates, 69, wrote in a statement. “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world.”

[–] spooky2092@lemmy.blahaj.zone 23 points 10 hours ago* (last edited 10 hours ago) (1 children)

Get fucked with a rusty rake bill, you helped stop the COVID vaccines from being patent exempt, among plenty of other awful shit, all for more money.

[–] finitebanjo@lemmy.world 1 points 2 hours ago (1 children)

The vaccines were patent exempt, WTO adopted it officially in 2022, which the Gates Foundation endorsed shortly after Bill's initial objection.

[–] Dragonstaff@leminal.space 0 points 2 hours ago (1 children)

2022...I wonder how many people died to protect corporation's profits in two years of a global pandemic.

[–] finitebanjo@lemmy.world 1 points 1 hour ago

The first US full non-emergency-use approved vaccine was Pfizer-BioNTech in August 2021.

Patent laws aren't something they implemented to stop the vaccines, its the default stance which they, including the Gates Foundation, pushed to change for the greater good.

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