Bill Gates divorce

You do realise he can donate shares? If you don't understand that then fine but please stop talking rubbish.

To who?

https://en.wikipedia.org/wiki/List_of_philanthropists#Greatest_philanthropists_by_amount_of_USD

Imagine complaining this guy hasn't given away enough money.

I'm so BORED of this ******* 2021 wealth envy, shaming "billionaires" for being successful and contributing to the world by providing vital products and services and employing millions of people.

How much of your net worth are going to donate as a percentage @200sols ?
 
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You do realise he can donate shares? If you don't understand that then fine but please stop talking rubbish.

It would have the same effect, shares are donated, charity quickly sells for the cash, MS price drops and devalues the remaining shares.

In addition to the post from @Roar87 you should also consider which is likely to result in more going to the causes they support:

Quickly selling everything and donating it all over a few years.

Continuing to grow and sweat the assets they already have over time while donating it over a longer period of time. This will result in a much larger amount going to those causes over a longer period of time.

:rolleyes:
 
Well there we go chaps, it is as simple as that. Bill signs over some shares, world hunger is solved. How have we not thought of this before?! Think of the savings and how much billboard space will open up when we don't have to see those requests for anyone other than Bill to donate to charity.
 
He's given away ~$36,000,000,000 already. I think you'd be foolish to argue that he's not been generous with his fortune, regardless of his net worth today.
 
Well there we go chaps, it is as simple as that. Bill signs over some shares, world hunger is solved. How have we not thought of this before?! Think of the savings and how much billboard space will open up when we don't have to see those requests for anyone other than Bill to donate to charity.

People seem to be ridiculing but that is actually what he has done. A sizeable amount of his donations have been shares to his foundation. A reliable income for charity so they can complete larger projects is more important than a single cash donation anyway.
 
To charities obviously.

No, you obviously have no idea. His largest donations have been in shares, $16bn worth of shares in 1999, $5bn in 2000 and smaller donations since with $5bn worth donated in 2017 the largest since 2000.

That was to his own foundations though that he has control over? People don't just give away billions to random charities run by morons because it'll just be squandered.
 
People seem to be ridiculing but that is actually what he has done. A sizeable amount of his donations have been shares to his foundation. A reliable income for charity so they can complete larger projects is more important than a single cash donation anyway.
Reliable and diversified. A single donor is never optimal, especially a single donor who could theoretically, be next to impossible to replace. Most of the charity posters you see are direct debit, regular contributions. It is a vital source of income for charities that would otherwise get overlooked by a mammoth charitable trust such as the Gates Foundation. It doesn't make the work any less meaningful.

As per Roar87's point as well - it is really hard to give money away, especially when the quality of charity leaders is quite variable and hard to govern and measure quality.

It is incredibly hard to spend money. People are notoriously difficult to manage. You could end up creating an even bigger problem systemic problem.
 
So there is no prenup.

They just have a separation agreement, whatever that is.

I think a separation agreement generally means [I emphasize the word "generally"] that the split is more amicable. The couple decides on the split of their assets and how they will conduct their lives from thereon.
 
Conspiracy theorism is a mental illness. Once you see it like that, it's like asking someone to stop being depressed.

I don't know if it is a mental illness as such, but I'd be prepared to believe that there were greater instances of CTism in those who had a history of depression, anxiety, autism, personality disorders etc.
 
I'd be very surprised if bill gates didn't make large profits from his "donations". I find it hard to believe he's some kind of Saint donating money out of the goodness of his heart.

How come he's still one of wealthiest in world and only owns 1% of Microsoft?
 
I'd be very surprised if bill gates didn't make large profits from his "donations". I find it hard to believe he's some kind of Saint donating money out of the goodness of his heart.

How come he's still one of wealthiest in world and only owns 1% of Microsoft?
1.6% is $20bn so don't underestimate it :cry:

The rest comes from decent holdings in Berkshire Hathaway and various other big ticket companies. None of this is secret. He spends his money like he has earnt it but equally gives away a huge amount. He doesn't have to give any away frankly.

https://en.wikipedia.org/wiki/Cascade_Investment

The way it works is he set up the foundation to achieve specific things, that are measurable and achievable (he uses the OKR framework pioneered at Intel back in the day) - hence why he doesn't just drop cash from a blimp and why he can only do so much as one person despite the resources available. He gifts the value in shares to the Foundation and then Foundation makes money from those shares.

You use the word profit so presumably you don't have a very good grasp of what that word means.
 
To charities obviously.



No, you obviously have no idea. His largest donations have been in shares, $16bn worth of shares in 1999, $5bn in 2000 and smaller donations since with $5bn worth donated in 2017 the largest since 2000.

Clearly you have no idea….

That was to his own foundations though that he has control over? People don't just give away billions to random charities run by morons because it'll just be squandered.

This, the money goes to the foundation which they control. The foundation liquidates the shares and donates cash to causes decided by the foundation which is ultimately controlled by the two people who donated the money.

The foundation aka Bill and Malinda are no doubt in cooperation with MS on how quickly this can happen to stop the markets getting spooked and crashing the share price. Bill is still a director isn’t he?

The foundation no doubt invests the money it does have to make more money it can donate. The foundation is likely to live for decades beyond when Bill and Melinda are no longer here if it even ever manages to spend it all.
 
This, the money goes to the foundation which they control. The foundation liquidates the shares and donates cash to causes decided by the foundation which is ultimately controlled by the two people who donated the money.

It looks like the foundation trades for different shares actually, it has a massive holding of Berkshire hathaway shares amongst others. As I said the long term income is worth more than short term cash boosts.
 
No, they 'pledged' that but it hasn't happened. In fact since 2010 his net worth has more than doubled.

Maybe so but as said that is tied up in investments not hard cash. Its those investments which means that since 1994 he has given $$50bn away to charity. And his promise of 95% of his wealth giving away was during his life or his death. We will have to see where his money goes when he dies to see if he fulfilled his 95% promise.

Still he is doing better than most billionaires and is at least trying to encourage others to follow suit.
 
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