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?
He is 69 years old and will probably die in the next 20 years. He has so much wealth that even if he loses 99% of his money, he will still be a billionaire. As you mature, your mentality changes and what was important before might become unimportant. Look at Mike Tyson, he was fighting for trophies when he was young but when he became old, he said that all of these trophies are nothing and waste of time, family is more important for him and thinks that those trophies are just a garbage and that's all.
If Bill Gates gives away his wealth, then he will leave a very big legacy behind his name. It's probably part of his marketing strategy too but the society will benefit from it.