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Melinda Gates Resigns from Bill and Melinda Gates Foundation
- SoftTalker 2y agoI would imagine it's difficult to stay deeply involved in something like that with one's ex. People get divorced for many reasons but generally they don't want to be around each other any more and being co-chairs of a big foundation would make that pretty impossible. Business (or charitable) partnerships are like marriages in a lot of ways.
- vkou 2y agoI've heard (in the worst kind of hearsay way) from people that are only distantly in the Microsoft/Non-profit circle that Melinda could be largely credited for getting Bill to take philanthropy seriously. If true, that in itself has done a lot of good for the world.
- SoftTalker 2y agoI'd believe it. Bill always struck me as being pretty anti-social and even sociopathic. Not that I know him or anything close to that.
- Eddy_Viscosity2 2y agoYou're just judging him based on the terrible things he did in the open. There may have been a time in private where he petted a kitten or something. We'll never know.
- number6 2y agoYeah, that's a stretch.
- umeshunni 2y agoI was wondering and found this in the article: > The organization’s name will change to the Gates Foundation, with Bill Gates, her ex-husband and Microsoft founder, becoming the sole chair.
- kioshix 2y agoI didn't even know they got divorced!
- mcphage 2y agoIt was a fallout of all the Jeffrey Epstein news.
- chinathrow 2y agoWhat is the context there?
- kn0where 2y agoBill met with Epstein on multiple occasions, after Epstein already had a conviction, and Melinda has cited this as a contributing factor to the divorce: https://www.vanityfair.com/style/2022/03/melinda-gates-jeffrey-epstein-led-to-bill-gates-divorce-gayle-king-interview#:~:text=Split-,Melinda%2520Gates%2520Says%2520Bill%2520Gates's%2520Work%2520with%2520%E2%80%9CAbhorrent%E2%80%9D%2520Jeffrey%2520Epstein,t%2520trust%2520what%2520we%2520had.%E2%80%9D https://www.vanityfair.com/style/2022/03/melinda-gates-jeffr...
- searealist 2y agoEpstein introduced Gates to a woman he allegedly had an affair with.
- tjpnz 2y agoEastern, introduced and woman. Those are three words you don't want to read in the same sentence.
- deleted 2y ago[deleted]
- orange_joe 2y ago[flagged]
- blitzar 2y agohttps://www.gatesfoundation.org/about/committed-grants https://www.gatesfoundation.org/about/committed-grants 19,364 grants serving "America", of ~40,000 grants.
- legitster 2y ago> Given the lack of taxes, Americans have effectively subsidized this charity. This is a common but bad take. Firstly, there are a lot of taxes still involved. The Gates foundation still pays salary tax and sales tax and property tax and etc. More importantly, had the funding remained parked in a savings account or stock portfolio without being realized, it would have been completely dead to the economy and untaxed. So there's probably a net positive to taxpayers to give people ways to unload their assets. > we haven’t gotten anything particularly valuable out of the gates foundation There could be an argument that the 501(c) tax code is too generous, but I don't think people are probably thinking through the implications of "qualifying" non-profits. If you made every non-profit prove that they were creating value, and also make them subject to taxation on all contributions, you would be effectively wiping out things like open-source software projects or Wikipedia, let alone your normal NGOs and community charities.
- vkou 2y agoDon't people who argue that stock markets are good thing say that money in a stock portfolio is not 'dead to the economy'? And don't banks lend money out based on the size of their customers' savings accounts? Anything short of money being stuffed in his mattress keeps it active in the economy.
- blitzar 2y agoIf (litteraly) everyone parked all their money in Microsoft stock and spent nothing in the real economy the system would collapse. Economically we all stand on the shoulders of consumption.
- frank_bb 2y ago[dead]
- deleted 2y ago[deleted]
- datavirtue 2y agoBill fucked up, hard.