this post was submitted on 09 May 2025
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[–] [email protected] 4 points 2 hours ago

To his charity? Oh Bill, you shouldn’t have. Go fucking die billionaire scum…

[–] [email protected] 21 points 5 hours ago
[–] [email protected] 11 points 4 hours ago

Can we quit running billionaire's PR campaigns for them? These people are not our friends, and giving back a portion of what they stole (always in the most public way) doesn't change that

[–] [email protected] 7 points 4 hours ago (1 children)

To his kids and their charities? Reminder that Bill gates is every bit as exploitative and evil, he didn’t become a billionaire by paying fair wages. This is all PR to try and save his reputation as everyone turns on billionaires. Like buffet, he just shuffles his money to his kids and calls it charity

[–] [email protected] 4 points 4 hours ago

Ikr fuck this guy.

[–] [email protected] 17 points 7 hours ago (2 children)

Don't give it away.

If you really want to help people, buy media, buy politicans and get REAL change that will actually last.

You giving money to random charities does fuck all, except give you tax breaks.

We need change in the political system so that we don't need fucking charities for basic needs.

[–] [email protected] 7 points 6 hours ago (3 children)

Still leaves him with just over $1 billion, enough for his great great grandchildren to live comfortably forever. Don’t be fooled, this is about tax breaks, not charity. Once you have over a billion in wealth, you’ve won the game of life. There’s nothing you can’t buy, there’s nothing you can do.

[–] [email protected] 1 points 2 hours ago

Once you have over a billion in wealth, you’ve won the game of life.

More like the game of 100 lives. I'm using $10m as a gross estimation for what a person living comfortably needs to spend throughout their whole life. Sure it varies by country and other factors, but this amount should more than cover a lifestyle in which you literally don't need to worry about a thing. No need for sketchy investments either: just stuff it in a deposit and you could live off the interest alone, but that's assuming you have all the money at once.

[–] [email protected] 1 points 2 hours ago

Truly a financial genius to give up 99% of his wealth for tax breaks...

I figure he donates to his own charity and still has a lot of control over the money either way.

I wonder what thatd look like on his taxes.

[–] [email protected] 2 points 5 hours ago

Is it really about tax breaks, when the US doesn't have a wealth tax? Would it prevent his children from dealing with inheritance tax?

[–] [email protected] 21 points 10 hours ago (1 children)

Sorry Bill but it’s too late and not enough. I still want to eat the rich and that includes you.

Although I‘ll admit if all billionaires did this instead of - oh you know - investing in fascism and actively dismembering democracy globally I might feel different about this. But as things stand I am done with billionaires. We cannot coexist. Simple as that.

[–] [email protected] 5 points 9 hours ago (3 children)

Isn't he literally the only billionaire who has been donating a lot over the years?

But yes, fully agree. There's no reason any person should be that rich. They're cause and symptom of a fucked-up system

[–] [email protected] 2 points 4 hours ago

McKenzie Scott (Bezos Ex-Wife) is doing what she can to get the divorce money to where it normally doesn't land, so if we eat the rich, i'd currently say she's off limits, pending good behavior.

[–] [email protected] 9 points 9 hours ago (1 children)

How did he get to be a billionaire? By standing on the throats of others, he could not have created that wealth without harm.

[–] [email protected] 5 points 9 hours ago (1 children)
[–] [email protected] 2 points 2 hours ago* (last edited 2 hours ago)

I think a big problem with our financial system is people with wealth have the ability to siphon wealth out of companies through the stock market. Ultimately that company is paying shareholders with profit generated by the workers. A billion invested with just 5% dividends would take many lifetimes of constant work for an individual to pay off a single time, let alone every year. Yet that's how it is. Billionaires get richer and richer and their blood sucking proboscis gets bigger and bigger.

We live in a financially feudal society where the Lord's have no responsibility to tend to the land.

[–] [email protected] 6 points 9 hours ago

Absolutely not. I think others give a bit less, but they’re just not public about it.

Warren Buffet makes $5B annual donations to charities. He’s an investor, so if he gave it all out as a lump sum, he wouldn’t be able to make more to donate next year (and aside total received, many charities work better with consistent yearly funding)

[–] [email protected] 8 points 8 hours ago (1 children)

My tired brain read "99 cent" at first and I thought it was an article by The Onion.

[–] [email protected] 2 points 4 hours ago

It seems you aren't the only one.

[–] [email protected] 9 points 10 hours ago (1 children)

While it's good that he's willing to give away 99%, he'd still be a billionaire and one of the richest persons of the world afterwards. He's so incomprehensibly rich that even 1% of his wealth is more than any single person should own.

[–] [email protected] 5 points 9 hours ago

I think it’s one of those situations where he’s using percentages for a reason.

[–] [email protected] 16 points 12 hours ago (1 children)

Using all his money and influence to advocate taxing the super rich significantly would be helpful.

[–] [email protected] 10 points 11 hours ago (5 children)

He does actually. https://observer.com/2024/09/bill-gates-bernie-sanders-tax-wealthy/

He and warren are some of the smarter billionaires, they realize having infinite money is not actually very useful.

Not to say there's any thing good about there being billionaires in the first place, but there is a spectrum.

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