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> especially when he has much of his wealth invested in the very industry that is likely to be affected by the results of this Coronavirus study Citation neede
by hhw 6y ago
> especially when he has much of his wealth invested in the very industry that is likely to be affected by the results of this Coronavirus study
Citation needed. As far as I can tell, his only healthcare related holding is Schrodinger, Inc. which is new, and at 300M out of his 106B net worth could hardly be considered "much of his wealth" .
- jfoster 6y agohttps://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundation https://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundat...
- loeg 6y agoA charity isn't an investment nor is it his wealth anymore.
- ModernMech 6y agoA charitable foundation is something rich people start to launder their reputation after a lucrative career of skulldaggery. Once you have more money than God you don't need an ROI for your bank account -- you need one for your soul.
- anonymouswacker 6y agoI was wrong, and thank you for pointing it out. I conflated his Foundation with his person. And you are correct, "much of his wealth", is misleading. It is the hundreds of millions of USD in his private healthcare investment and several billions under his control through his Foundation [1] that I know of. Given how extremely wealthy and powerful he is, I think that even though it is not a majority of his life on the line, it is a lot of control, influence, and maybe a teensy bit of a return on investment, that he has to gain from this. [0] - https://www.kiro7.com/news/local/bill-gates-says-foundation-will-invest-billions-fight-stop-covid-19/MMAFTSVGKZHPTEGYKEQKMRWTWU/ https://www.kiro7.com/news/local/bill-gates-says-foundation-...