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> In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. It has been very fulfilling for me and
by catchnear4321 4y ago
> In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. It has been very fulfilling for me and is my full time job
…yes, Bill, because you’re rich enough to pay someone else (a whole team, even!) to do things like buy a nearly billion dollar stake in a beer company, and you don’t drink.
This won’t be any different than farm land.
> I have invested in these farms to make them more productive and create more jobs. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.
If you have an investment team, you can make your “job” to give away money for the rest of your life, because multiple people are working “against” your efforts and bringing in more.
Put differently, Gates gets to play with giving away money, benefit from them optics, and continue to pay a team to grow his wealth while trying to give off that “aw shucks I’m trying to help” vibe.
edit: a url
https://www.businessinsider.com/bill-gates-defends-farmland-purchases-there-isnt-some-grand-scheme-2023-1 https://www.businessinsider.com/bill-gates-defends-farmland-...