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No, not really. Gates is less rich because he sold his MSFT, while Ballmer kept it. This had much more significant impact than all of his philanthropy.
by throwaway48540 2y ago
No, not really. Gates is less rich because he sold his MSFT, while Ballmer kept it. This had much more significant impact than all of his philanthropy.
- potato3732842 2y agoi.e. a classic case of forgoing potential returns in exchange for portfolio diversity and reduced risk.
- amadeuspagel 2y agoHe sold his MSFT to spend the money on philantrophy.
- throwaway48540 2y agoHe didn't, he donated much less than he had msft stock