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?
People do it even if it might surprise you. They distribute their wealth at old age rather than keep it for their family and future generations. So his philanthropic act is not a publicity stunt or something of that sort. He's giving back to the society and he'll derive so much joy and fulfillment doing it. More so, he's very rich to the extent that even if he donates 95% of his wealth to charity, he and his family can live off
on the remaining 5% very comfortably.