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He's not going to hold it as cash, it's going to be held as more diversified investments. He wants his foundation to far outlive himself.
by bpicolo 13y ago
He's not going to hold it as cash, it's going to be held as more diversified investments. He wants his foundation to far outlive himself.
- abelsson 13y agoNo, the plan is to wind down the foundation within 20 years of his and Melinda's deaths. See http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundation#Lifespan http://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundati...
- nickstinemates 13y agoMy favorite section is actually the Criticisms. I find myself finding ways mentally to dismiss them, because of the massive good the foundation is doing.
- rdl 13y agoThat could still easily be 50-70 years.