this post was submitted on 10 May 2025
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139
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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[–] taulover@sopuli.xyz 25 points 1 day ago (1 children)

Donate to his own foundation which he controls

[–] Dayroom7485@lemmy.world 1 points 17 hours ago (1 children)

Not the full picture: He plans to donate the majority of his wealth to his foundation, and then wind it down in 20 years. source

[–] Crashumbc@lemmy.world 1 points 2 hours ago

Bullshit until it happens.