is it true that Bill gates will distribute 90% of his money or fortune to poor people, i mean give them as fund?
2006-12-18 19:31:19 · 2 answers · asked by LiLi 4 in Business & Finance ➔ Other - Business & Finance
The foundation has a $29 billion endowment and gives more than a billion dollars (at least 5% of its assets must be used each year) a year to "improve access to advances in global health and learning."
Planning on leaving his children $10 million each, "Gates has always said that, like Carnegie, he will give away most of his fortune before he dies. He plans to make sure his children are well taken care of but doesn’t want to leave them the burden of tremendous wealth."
2006-12-18 19:42:36 · answer #1 · answered by tyrone b 6 · 0⤊ 0⤋
Haha probably not. That would be generous of him, but ridiculous.
2006-12-19 03:39:55 · answer #2 · answered by Anonymous · 0⤊ 1⤋