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Bill Gates and his fortune...!!!

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  #21  
Old 11-29-2004, 07:56 PM
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Originally Posted by Iceman
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Originally Posted by allmike
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Originally Posted by Thomas Anderson
If I was so rich I think I'd give most of it to charity. If I had £50billion or whatever I'd give £49billion to charity.
No man, the more money u get the more u want, human nature is that human never satisfied or else he wouldn't be a so rich in first place
Actually, Bill Gates has made a will to give most of his money to charity. His children will only get a small (on his scale) amount, most will go to chariteis. Plus the man donates millions and millions for charity each year, more than any of us will ever earn. So don't start blaming him, he's doing his part, are you doing yours?

* $1 billion over 20 years to establish the Gates Millennium Scholarship Program, which will support promising minority students through college and some kinds of graduate school.
* $750 million over five years to the Global Alliance for Vaccines and Immunization, which includes the World Health Organization, the Rockefeller Foundation, Unicef, pharmaceutical companies and the World Bank.
* $350 million over three years to teachers, administrators, school districts and schools to improve America’s K-12 education, starting in Washington State.
* $200 million to the Gates Library Program, which is wiring public libraries in America’s poorest communities in an effort to close the “digital divide.”
* $100 million to the Gates Children’s Vaccine Program, which will accelerate delivery of lifesaving vaccines to children in the poorest countries of the world.
* $50 million to the Maternal Mortality Reduction Program, run by the Columbia University School of Public Health.
* $50 million to the Malaria Vaccine Initiative, to conduct research on promising candidates for a malaria vaccine.
* $50 million to an international group called the Alliance for the Prevention of Cervical Cancer.
* $50 million to a fund for global polio eradication, led by the World Health Organization, Unicef, Rotary International and the U.N. Foundation.
* $40 million to the International Vaccine Institute, a research program based in Seoul, South Korea.
* $28 million to Unicef for the elimination of maternal and neonatal tetanus.
* $25 million to the Sequella Global Tuberculosis Foundation.
* $25 million to the International AIDS Vaccine Initiative, which is creating coalitions of research scientists, pharmaceutical companies and governments in developing countries to look for a safe, effective, widely accessible vaccine against AIDS.


Ice
By no means do I want to minimize Gates' donations, but you have to admit that these $$ are merely pocket change for him. The above numbers add up to 2.7 billion --- maybe third of what he makes in one day (if the numbers are accurate). I can tell you that I donate more than one days worth of work to charities on an annual basis and I am not even a big donor.

Fact is that given his riches he doesn't spend nearly enough on charity, imo.

Also, I remember a time when the public put tremendous pressure on him to START donating some of his money as he avoided the issue for the longest time.

You have to realize that every public figure and particularly so somebody of the stature as Bill Gates HAS to donate to charity - not for moral reasons but for business reasons.

What would be interesting to see is how much taxes he actually pays --- bet you, not much - given his wealth (if any at all).
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  #22  
Old 11-29-2004, 08:01 PM
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Originally Posted by "spunkywho
By no means do I want to minimize Gates' donations, but you have to admit that these $$ are merely pocket change for him. The above numbers add up to 2.7 billion --- maybe third of what he makes in one day (if the numbers are accurate). I can tell you that I donate more than one days worth of work to charities on an annual basis and I am not even a big donor.

Fact is that given his riches he doesn't spend nearly enough on charity, imo.

Also, I remember a time when the public put tremendous pressure on him to START donating some of his money as he avoided the issue for the longest time.

You have to realize that every public figure and particularly so somebody of the stature as Bill Gates HAS to donate to charity - not for moral reasons but for business reasons.

What would be interesting to see is how much taxes he actually pays --- bet you, not much - given his wealth (if any at all).
Ive read that before how he was forced into giving his money away and how he didnt realy like doing it. Also i'm not too sure how true this is but wasnt there somesort of deal done for giving his money away to those charaties?
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  #23  
Old 11-29-2004, 09:32 PM
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Exactly - there is a difference between wanting to donate money to charity and feeling obliged to give money to charity.
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  #24  
Old 11-29-2004, 09:48 PM
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Exactly - there is a difference between wanting to donate money to charity and feeling obliged to give money to charity.
Of course there's a difference but do you think the receivers really care about it? As long as someone is giving those amounts of money to charities - even if it's only pocket money for him - whether he wants to or feels obliged to doesn't really mind IMO.

I remember when I heard years ago that Jack Nicholson's hobby was burning bank notes in his fireplace. Now that is disgusting.
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Old 11-29-2004, 10:32 PM
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Originally Posted by spunkywho
The above numbers add up to 2.7 billion --- maybe third of what he makes in one day (if the numbers are accurate).
They aren't. Come on, you don't really think someone earns $3 billion dollars in a day? His estimated wealth is around $60 billion. ANd the numbers I gave aren't all he's done, just a part.

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I can tell you that I donate more than one days worth of work to charities on an annual basis and I am not even a big donor.
Gates gives half of what he earns each day.

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Fact is that given his riches he doesn't spend nearly enough on charity, imo.
How much would be enough? Gates can never win, if he doesn't give to charity people blame him, if he gives money, people say he doesn't give enough. He doesn't _have_ to do anything.

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Also, I remember a time when the public put tremendous pressure on him to START donating some of his money as he avoided the issue for the longest time.
It was just that he didn't make it in public. People are always finding rich people to blame.

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What would be interesting to see is how much taxes he actually pays --- bet you, not much - given his wealth (if any at all).
Actually, he's very strict about doing it by the book. He pays his taxes alright.

Don't you ever see anything positive in anything?

Ice
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  #26  
Old 11-29-2004, 10:34 PM
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Originally Posted by allmike
I thought ur against Microsoft :P
I'm not against Microsoft, I'm against monopolies. And IE just happens to be unsafe as well. In fact, the Finnish agency of communication just gave a warning telling anyone using IE to switch browsers until it's fixed.

Ice
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  #27  
Old 11-29-2004, 10:59 PM
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I thought ur against Microsoft :P
I'm not against Microsoft, I'm against monopolies. And IE just happens to be unsafe as well. In fact, the Finnish agency of communication just gave a warning telling anyone using IE to switch browsers until it's fixed.

Ice
Lol i was kidding. But its funny to see spunkywho is arguing against Bill gate and ur for :P
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  #28  
Old 11-29-2004, 11:02 PM
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Lol i was kidding. But its funny to see spunkywho is arguing against Bill gate and ur for :P
I'm not so much _for_ Bill Gates as I'm against the attitude people have towards rich people who've earned their fortune and not inherited it. Gates has worked his ass off and now he's getting paid. He's going to give most of his money to charity and he gives 50% of what he earns already. And still people like Spunky and UK say he should give more. Where's the sense in that? If you're rich, why shouldn't you be allowed to earn money? He pays his taxes, he helps people out and still some consider him a satan. Doesn't sound too reasonable to me.

Ice
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  #29  
Old 11-29-2004, 11:11 PM
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Lol i was kidding. But its funny to see spunkywho is arguing against Bill gate and ur for :P
I'm not so much _for_ Bill Gates as I'm against the attitude people have towards rich people who've earned their fortune and not inherited it. Gates has worked his ass off and now he's getting paid. He's going to give most of his money to charity and he gives 50% of what he earns already. And still people like Spunky and UK say he should give more. Where's the sense in that? If you're rich, why shouldn't you be allowed to earn money? He pays his taxes, he helps people out and still some consider him a satan. Doesn't sound too reasonable to me.

Ice
I heard about lot of people saying him as anti christ or something, any reason for that??.
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  #30  
Old 11-29-2004, 11:20 PM
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I heard about lot of people saying him as anti christ or something, any reason for that??.
Mainly IE.

Ice
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