this post was submitted on 10 May 2025
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Bill Gates to give away 99% of his wealth in the next 20 years (www.gatesnotes.com)
submitted 1 day ago by 1984@lemmy.today to c/technology@lemmy.world
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One of the best things I read was an 1889 essay by Andrew Carnegie called The Gospel of Wealth. It makes the case that the wealthy have a responsibility to return their resources to society, a radical idea at the time that laid the groundwork for philanthropy as we know it today.

In the essay’s most famous line, Carnegie argues that “the man who dies thus rich dies disgraced.” I have spent a lot of time thinking about that quote lately. People will say a lot of things about me when I die, but I am determined that "he died rich" will not be one of them.

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[–] Arghblarg@lemmy.ca 43 points 1 day ago (1 children)

Beat me to it. Anand Giridharadas has spoken on the general scam of billionaires white-washing their legacies like this... their philanthropy seldom approaches, much less exceeds, the harm they did in getting so rich in the first place.

[–] Geetnerd@lemmy.world 11 points 1 day ago

And somehow, even when proclaiming to give "Most" of their fortunes away, it ends up in a "Charity" or "Philanthropy" they control.