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I'd guess those children will be even less important than the Kennedys. Among the voting public, last name recognition plays a large role. When publicly traded
by Thorrez 4y ago
I'd guess those children will be even less important than the Kennedys. Among the voting public, last name recognition plays a large role. When publicly traded companies choose a CEO, last name recognition is much less important. Gates is also giving away almost all his wealth so his kids won't get it. For the others, inheritance tax will take a significant fraction, and the money will be divided between multiple children.
- modo_mario 4y agoI'll believe it when I see it. During the timeframe where he said he'd give away half of his money he did spend a whole lot on charity(idk if it was half of the initial amount but i doubt it) and avoided a lot of taxes that way but he also tripled his wealth. He's also the biggest single person landowner in the US I think which I don't see him handing over soon.