If you look here:

https://www.bloomberg.com/billionaires/

Bill Gates is only the 5th richest.

…but the Bill & Melinda Gates Foundation has an endowment total of $75.2 billion.

So, his wealth ($149 billion) + foundation ($75 billion) = $224 billion.

So, my question is…can he spend that foundation money any way he wants instead of spending his personal money? If he wants a jet can he just use the foundation money? If so, then he is still the richest person in the world even though he does not get labeled as such in the news anymore.

  • whoreticulture@lemmy.blahaj.zone
    1·
    6 months ago

    This thread is about rich people using philanthropy to seem more palatable.

    Your question doesn’t even make sense because it’s not at all true that Bill Gates gets extra hate, I think people rightly hate on all the Billionaires. I very rarely even hear about Bill Gates, more often it’s Elon Musk or Bezos … or Taylor Swift lately.

    • caroline@lemmy.ca
      1·
      6 months ago

      I’ll shit on Elon all day, but pretty sure Bill Gates is just a nice dude who retired and just wants to do shit to help out at this point. I watched some documentary where they followed him around for a few weeks and he was just so focused on people not having water and working toilets in Africa. I mean I guess these days anything can be called propaganda, but that guy keeps to himself and helps people.