SInGAPORE_AIR
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Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 7:16 am

Mr Charity Bill Gates, wife donate $40b

NEW YORK - Microsoft founder Bill Gates and his wife Melinda are the most generous donors to charity in the United States, having given away or pledged a staggering US$23 billion (S$39.7 billion).

The amount is more than half their net worth, according to Business Week's second annual ranking of the top 50 philanthropists in the US.

The Gates are worth a net US$46 billion - the rough equivalent of Hungary's entire gross domestic product.

Many of the grants made by the Bill and Melinda Gates Foundation have gone to improving public health. In September, it donated US$168 million for malaria research. Other multi-million grants have gone to fight tuberculosis and dengue.

With the couple having donated 54 per cent of their net worth, Business Week dubbed them 'the reigning royalty of a new class of self-made superphilanthropists'.

More information at the
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STT757
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 7:53 am

He gave $1 Billion to the United Negro College Fund, he's given $50 Million + to NYC to build new schools. He donated about $20 Million to various organizations to help with the relief effort in NYC after September 11th, he's given Billions to the UN to vacinate children in Africa.
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flyf15
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 8:11 am

I sure hope that nobody ever makes fun of this guy again...
 
Trvlr
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 8:41 am

Simply put, Bill Gates is the next Andrew Carnegie.

Bravo, Mr. Gates.

Aaron G.
 
cancidas
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 9:28 am

i agree! kudos!!


filler
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aa61hvy
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 10:23 am

I hope this shuts up all the negative talkers of Gates...
Go big or go home
 
flyf15
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 10:30 am

I haven't seen anything on this anywhere but here. Singapore Air...do you have any link or anything?
 
USAFHummer
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 11:39 am

Unsurprisingly I'm guessing that this came from a Singaporean newspaper (The Straits Times perhaps) because of the Singaporean dollar figure in parenthesis and title...

Greg
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aa61hvy
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 11:41 am

I didn't even know that ol dog was married. Wonder what she looks like.
Go big or go home
 
JAL777
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 11:47 am

 
BR715-A1-30
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 12:48 pm

WAY TO GO BILL!!!!!!, It just goes to show you that some rich people can be very friendly and sharing people.  Smile
Puhdiddle
 
aa61hvy
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 12:53 pm

Average looking woman...

I bet she wasn't after his money  Insane  Big grin
Go big or go home
 
L-188
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 1:04 pm

Actually we, the consumer donated that 23 Billion.

Gates just got to direct where it went since we bought his products.
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JAL777
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 1:10 pm

Actually we, the consumer donated that 23 Billion.

Gates just got to direct where it went since we bought his products.


So do I pay your salary??? As Melinda... they've been married for a long time... way before the billions started rolling in.
 
JetService
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RE: Bill Gates Has Donated US$23 Billion To Charit

Sat Nov 22, 2003 2:30 pm

Ahhhhh, big deal. He's rich. Let's see a middle class guy donate half his networth, then I'd be impressed.
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ScarletHarlot
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 2:33 pm

Go ahead, JetService, how about you set the example?

Bill is a good man. He does a lot of good here in Seattle and all over the world. His example inspires a lot of people here to do good with their money. I admire him.
But that was when I ruled the world
 
707CMF
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sat Nov 22, 2003 4:14 pm

And how many small companie went bankrupt, how many workers got laiud off because of Microsoft ?

Although I agree giving to charities is a good thing, I smell here too much of a PR operations. ( I'm hated all over the workd, let's give to Charities, and buy my sainthood back)

707 (I know I'll get flamed for that)
 
 
Arsenal@LHR
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 1:44 am

I'm a big admirer of Bill Gates, the man get's so much criticism from jealous people simply because he's the richest man in the world. The billions didn't roll in because he sat on his butt and ate burgers, he worked hard. Some people will still accuse him saying he's so rich he should pay that much to charity, not really. It's his money, he can choose not to donate to charity, that's his choice, but being a generous man he does something good for the world.
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STT757
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 2:06 am

Bill and Melinda gates foundation..

http://www.gatesfoundation.org/default.htm
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cfalk
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 4:03 am

And how many small companie went bankrupt, how many workers got laiud off because of Microsoft ?

And how many people has Microsoft hired over the years? How many jobs have been created because of Microsoft, such as the small companies that know how to exploit the comonality of DOS and Windows, without which the PC would never have gained the following it now has. In your own company, how many people are employed in the IT department? How many were employed there 10 years ago?

Sure, some got beaten up in the market. That's business. But without question Bill Gates has created far more value than he has absorbed.

Charles
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donder10
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 4:49 am

You can(very reasonably)argue that Microsoft played a huge role in the previous economic boom,creating many hundreds of thousands of jobs.
 
Spaceman
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 4:49 am

Despite donating to what seem like half of his networth, I have not see his networth go down to half of what he has before.
 
Spaceman
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 4:53 am

His networth stay about the same....
 
cfalk
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 6:39 am

I remember his net worth being between 60 and 70 billion a few years ago. The stock market dive took care of some of it, and I suppose the donations to care of the rest.

Charles
The only thing you should feel when shooting a terrorist: Recoil.
 
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STT757
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 2:00 pm

At the peak of the late 1990s Bill Gates self worth was $83 Billion, it's in the $63 Billion range today.

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cfalk
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RE: Bill Gates Has Donated US$23 Billion To Charity

Sun Nov 23, 2003 4:02 pm

STT757,

Apparently down to $46 billion now. A billion here, a billion there...

Charles
The only thing you should feel when shooting a terrorist: Recoil.
 
emiratesa345
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RE: Bill Gates Has Donated US$23 Billion To Charity

Mon Nov 24, 2003 4:59 am

Does he own 100% of Microsoft?

If so, what would happen if he tried to sell the company. Is there another person who could possibly afford to buy the whole thing?

EmiratesA345 Smile/happy/getting dizzy
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Aloha717200
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RE: Bill Gates Has Donated US$23 Billion To Charity

Mon Nov 24, 2003 5:58 am

To be honest, when I clicked on this thread I expected it to be a flamefest against Bill Gates.

I say Bravo Mr. Gates. I mean, he's not exactly going to be in poverty with $23 billion remaining, but, still to donate $23 billion is one heck of a gesture. Countless people are going to benefit from this donation, people who need it more than Bill Gates does.

He is contantly attacked for being so rich, even friends i know have mentioned his name with venom because of how rich he is. Most people dont believe he deserves it, and alot of them base it on the fact that mac came first and bill gates built the dos/windows code off of that. Or so I've heard, many many times.

But yeah, this does say alot for his character. Even if it is just a PR gimmick, alot of people will come to benefit from that gimmick.  Smile
 
donder10
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RE: Bill Gates Has Donated US$23 Billion To Charity

Mon Nov 24, 2003 7:03 am

But it says something of the ethos of America's wealthy.An attitude all too rare in Europe.
 
bobrayner
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RE: Bill Gates Has Donated US$23 Billion To Charity

Mon Nov 24, 2003 7:25 am

But it says something of the ethos of America's wealthy.An attitude all too rare in Europe.

Could you elaborate, please?
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ScarletHarlot
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RE: Bill Gates Has Donated US$23 Billion To Charity

Mon Nov 24, 2003 10:50 am

Emirates, he does not own 100% of Microsoft. It's publicly traded company. I think he owns the most shares of any one person or entity though. I could be wrong about that. Paul Allen owns a lot of MS stock as well. The wealth was shared among MS employees via stock options up until recently. Now they get (fewer) stock grants instead.
But that was when I ruled the world

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