What is Bill Gates view on donating all his personal property

He's giving five hundred dollars to everyone in the world, and he's got five million dollars left!

Bill gates.

Another $20 billion will be donated and it has announced that it will donate all its wealth in the future. Bill Gates feels that it is his duty to give back to the society with the resources he has, and he also calls on other rich people on the rich list to join him. This approach will play a very big role, and I believe that many people must be very grateful to Bill Gates for his kindness this time.

Bill Gates and his ex-wife Melinda founded a joint association in 2000, and the amount of donations from this association has exceeded $39 billion. This is a very large number, and I believe that the money must be used in the right way. At the same time, while these rich people enjoy more social and educational resources, they have not forgotten that there is still inequality on the planet.

I believe that Bill Gates's actions will definitely serve as an example, and Bill Gates has now become the biggest philanthropist, which is an honorary title that represents his contribution to the development of society. <>

In today's society, many people struggle for money all their lives. And I feel that as long as I have the same wealth as Bill Gates, I will definitely live a happier life. But this is just everyone's imagination, and when you are dominated by money, you will definitely feel that you have lived a different life.

At the same time, money does not buy happiness. Bill Gates will put his money on gender equality and poverty alleviation, which will help those in a disadvantaged position to enjoy more benefits. <>

When you have a part of your money, you must learn to use it wisely. For Bill Gates himself, he has enjoyed what many people do not enjoy, maybe money is just paper and does not make him happier. Therefore, Zhifu chose to return to his original life in other ways, so Bill Gates should be praised by everyone, and he should be given a thumbs up, so as to better feel the value and significance of everyone's existence in this society.

I believe that when you have tens of billions or even hundreds of billions of assets, how will you deal with this huge amount of wealth, in China's traditional values, most of the wealth created by the fathers can be inherited by their children and grandchildren, but in developed countries in Europe and the United States, many super-rich people tend to donate their property to charity clubs set up in private names, recently Bill Gates announced on social platforms that he will donate $20 billion to Bill Melinda Gates this month.

Bill Gates, as the richest man in the world, the huge wealth he has created is often beyond the reach of others, counting this donation, he and his ex-wife Melinda have donated $55 billion to the ** club set up under their name, so Bill Gates has undoubtedly become the largest philanthropist in history.

After all, as a world-class super-rich man, he has been in the top five of the international rich list for many years, and now he has fallen to seventh in the world on the authoritative Forbes rich list due to his donation of 20 billion US dollars. But Bill Gates did not think so about the slip judgment of such a ranking, thinking that he would still continue to donate personal property to his name in the following years.

Bill Gates nominally announced that he would donate a huge amount of wealth to the ** Association, the purpose of which is to give back to the society, but anyone who can understand some of the unspoken rules hidden under its operation knows that especially for a capitalist country like the United States, in fact, since a hundred years ago, the United States began to levy an inheritance tax, with a maximum tax rate of 40%. If Bill Gates leaves his huge wealth to future generations, then he must bear nearly half of the inheritance tax, which must be the most unwilling phenomenon for him and his family, so he is also trying to set up a private charity **, which can reasonably avoid inheritance tax.

I think his old behavior is a really great act. Because his donation is a very large amount, which can help more poor and needy people, and make a great contribution to world peace and accelerate the evolution of human society. You can also give your descendants a good name to get more stupid resources.

Don't let your descendants sit back and enjoy their success, let them be more self-reliant.

This kind of behavior is very touching, he is a very caring person and is able to donate his assets to those in need.

I think it's better for him to act like this, because people can't be born with death, and it's best for us to achieve the greatest deification of our own life value.

Bill Gates' assets:

In March 2019, he ranked second on the 2019 Forbes Global Billionaires List with a wealth of $96.5 billion.

Today's Bill Gates is worth $90 billion, and it is understood that from 1995 to 2007, Bill Gates has been the richest man in the world by Forbes for 13 consecutive years and the richest man in the United States by Forbes for 20 consecutive years.

On September 29, 2014 local time in the United States, Forbes released a list of the top 400 richest people in the United States, showing that Microsoft co-founder Bill Gates has been the richest man in the United States for the 21st consecutive year with a wealth of $81 billion.

Regarding Bill Gates's worth, Microsoft co-founder Bill Gates seems to have been synonymous with "the richest man in the world" since the day he became famous, and he can be described as an evergreen in this field.

In the previous evaluation results given by the well-known wealth appraisal **wealth-x, Gates was once again named the richest man in the world with a net worth of $87.4 billion. In 2016, the Hurun Research Institute released the "2016 Hurun Global Rich List", and Bill Gates became the world's richest man with a fortune of 520 billion yuan. In 2017, according to data released by Forbes, Gates ranked first on the list of the world's richest people for the fourth consecutive year, with a total wealth of $86.8 billion.

Social activities

In 2004, Bill Gates, chairman of Microsoft Corporation, announced that he would donate $100 million to his charity. At this time, Bill and Melinda Gates will have assets of $27 billion, and with this $3.3 billion donation, the total assets of the association will exceed $30 billion, making it the largest charitable association in the United States.

In 2005, when Bill Gates, the richest man in the world, celebrated his 50th birthday in London, England, he announced that he would not enter politics, and that tens of billions of dollars of huge wealth would be donated to society and would not be left to children and grandchildren as an inheritance.

In the same year, Microsoft founder Bill Gates was awarded the Legion of Honour by Queen Elizabeth II at Buckingham Palace on Wednesday, a medal for the efforts of Gates and his wife Melinda to eradicate poverty and improve the health of the people in the Commonwealth and other developing countries.

Recently, in the program, Microsoft co-founder Bill Gates said in an interview that a system of more taxes on the rich should be established to help the world's poor get rid of poverty.

Levy more taxes on the wealthy to build a stronger security system to help the poor. Bill Gates believes that at present, global income inequality is declining cautiously, because middle-income countries such as China and India are growing faster than rich countries, and although there is still a gap between rich and poor within countries, the global level has reached a certain level of equality.

Bill Gates has always been committed to philanthropy. As of 2018, the Gates have donated a total of $36 billion, which is equivalent to a JD.com.

When it comes to money, Bill Gates has an indifferent attitude. "I don't need that much money," he said. I realized the full need of an individual to consume a long time ago, and I can make some impact with this excess wealth.

I didn't sacrifice anything, I didn't lose food because of it, and all this money was superfluous for me. One day I will give all my money away.

Microsoft co-founder and former richest man in the world, Bill Gates, has increased his net worth by $16 billion this year, even though he has donated $36 billion to charity. This brings his total fortune to $106 billion, making him the second richest person in the world after Bezos.

"You know, we're not financially defensive—most of the portfolio is cash, or whatever, our investment strategy is to put more than 60 percent of our assets into **," Gates said in a previous interview. ”

That said, about $60 billion in Gates' portfolio is **or index**, which is really an aggressive investment strategy for a wealthy man like him. According to a report by Campden Wealth, the average portfolio of family offices in North America in 2018 was only about 32%**.

Typically, "billionaire" investors like Gates diversify their risk by buying asset classes such as bonds and real estate.

But Gates said he was "bullish" on U.S. and global businesses.

"You can think of yields that aren't very high, but that's true across all asset classes, and the 10-year Treasury yield is well below 2%, so there's nothing obvious out there that can outperform other investors," he said. It is reasonable to assume that the absolute rate of return over the next 10 years will be lower than in the past few decades.

Gates' philanthropic work is done primarily through Bill & Melinda Gates. The Association works to address health and education inequalities, the climate crisis, and global hunger around the world, and in the United States to ensure that all students complete high school.

But financial advisers warn that just because a particular billionaire favors a particular portfolio, it doesn't mean all investors should follow suit.