Why Bill Gates left his children without an inheritance

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For a couple of decades, Bill Gates has been among the richest people on the planet. According to statistics, he earns 6,659 dollars every minute, and his total wealth is estimated at nearly 80 billion!


With such a fantastic capital, Bill Gates could fully provide not only for his children but also for his grandchildren and great-grandchildren. However, the billionaire made a different decision.

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After discussing it in the family circle, he and his wife decided that practically all the inheritance after his death will go to the charity fund! But speaking about his children, Bill Gates said the following: `They will not receive billions. My children need to understand that they have to work and that their profession should be useful to society.`
As a result, all the billionaire`s money will go to the `Bill and Melinda Gates Foundation`. This largest charity organization is involved in medical development and aims to reduce poverty worldwide.
Bill Gates said that he was inspired to make such a decision by another billionaire - Warren Buffett`s similar action. `Melinda and I decided that instead of huge money, our children will receive a good education that will help them discover their abilities. They themselves need to find their place in life, not rely on their parents` billions,` said Bill Gates.
The billionaire also announced that all three of his children - 20-year-old Jennifer, 17-year-old Rory, and 14-year-old Phoebe supported their parents` initiative. It should be noted that Bill Gates did not send his heirs into the world empty-handed. Each of the children will receive 0.02% of his wealth, which should be more than enough for a comfortable life.
Quoting the aforementioned Warren Buffett, Bill Gates concluded: `I give my children enough means so they can do what is close to their hearts, but not enough to do nothing at all.`
In my opinion, Bill Gates` action deserves admiration! If you also have such views on life, tell your friends about it.

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Newest comments

0 1 14:12 17.02Anna
My bf will like that!!!
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