I recently came across the news that Bill Gates plans to give away his entire fortune through his charity foundation over the next 20 years. It got me thinking, why would someone spend the majority of their life accumulating wealth only to give it all away in the end? I'm curious, do they truly give it all away, or is there something more going on behind the scenes?
bill gate is wealthy and no matter the amount of wealth he gives out to charity foundation, i would not affect his source of income. as he said in one of his statement that it has been his desire and goal to help the needy. here is his
statement below.
"Even before we got married, we talked about how we would eventually spend a lot of time on philanthropy. We think that's a basic responsibility of anyone with a lot of money. Once you've taken care of yourself and your children, the best use of extra wealth is to give it back to society," he wrote in the letter
so with this statement it is obvious that they have a strong desire to help the less privilege's both in education food and healthcare. even if they spend this amount on those people it will not in any way affect their wealth because they have numerous source of income, which generate a lot of profit every 24hrs.