9/27 Gates has been an extremely generous philanthropist, giving away
$28.3 billion over the years.
http://www.forbes.com/forbes400/2004/09/27/cx_mn_rl04_0927toptenintro.html?partner=yahoo&referrer=
So does that include all the free MS OS he donated? Can he claim
to have donated $100 for each free XP given to schools?
\_ that's an impressive figure. Even more so when you realize that
he can lose 30% of his fortune and not even notice. In my mind
though, the better man is the poorer man who gives away money
he could actually use.
\_ Are you trying to get biblical on our asses?
\- i think bill gates is a pigdog for most things, but i think
he has spent some of his charitable $ in a good way [like finding
work on vaccines for which there is no mkt incentive, like malaria].
it's also sort of cool that he has said "fuck you" to the philan-
thopy racket run by women with expensive hairdos out of coctail
parties. apparently they took a fair amount of criticism because
they didnt hire a "professional" to run it but instead turned it
over to big bill [parent of evil bill]. --psb
\_ The article failed to realize that had he not given away $28b, he
wouldn't be worth $28b more, because he would have to pay tax on it.
\_ No, he'd be the full $28B richer, just not liquid. Do you
think his current net worth reflects the massive tax hit
he'd take if he sold all his MSFT? No, it's calculated by
addingu p the value of all his shares. Otherwise to
calculate rich people's net worth you'd have to track all
the purchase prices of their assets and estimate the tax
liability if liquidated.
\_ Oh, I see. |
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