• pingveno@lemmy.worldEnglish
    4·
    2 months ago

    I’m not sure who is doing the calculations here, but the latest estimates I’m seeing for Gates have him down a bit for the year. He also is down after is divorce from Melinda, which included splitting off a good chunk of money for her own personal and philanthropic use.

    • iknowitwheniseeit@lemmynsfw.com
      6·
      2 months ago

      Bill Gates signed his pledge more than 10 years ago. His wealth doubled in the last 7 years, meaning that he’s gotten average increases of like 10% per year.

      Mr. Gates, you’re going the wrong way!

      • CosmicTurtle0@lemmy.dbzer0.comEnglish
        71·
        2 months ago

        It’s just more proof billionaires simply cannot spend the money they have accumulated.

        They need to be guillotined.

      • pingveno@lemmy.worldEnglish
        32·
        2 months ago

        Meh. Net worth can be volatile in the upper echelons of wealth. It’s often based on volatile assets. He’s still giving away plenty. I’m seeing a budget of $8.6 billion in 2024 for the Gates Foundation.

        Also, his wealth doesn’t need to be spent within his lifetime to remain true to the pledge. The Gates Foundation can continue functioning long after his death, much like other foundations like the Carnegie Foundation.