To enhance his public image and disguise the fact that the foundation is set up to enhance the rest of Bill’s portfolio. The funds share the same fund manager.
If Bill is so philanthropic, why does he keep $110bn outside his charity and only $42bn inside.
Why would he want/need to do this? There are a bunch of other billionaires in the world who have basically no public image whatsoever - why wouldn’t he just do that? And if he is so concerned about his reputation, why would he constantly draw the public’s eye towards the one thing that would ruin his reputation if he actually is embezzling money through his charities?
If Bill is so philanthropic, why does he keep $110bn outside his charity and only $42bn inside.
Because when your money is more liquid it is more flexible? Idk, ask him.
I have not been inside Bill’s brain, nor studied us other 161 credits on imdb. But it is obvious he loves being in the public eye
why would he constantly draw the public’s eye towards the one thing that would ruin his reputation if he actually is embezzling money through his charities?
This is misdirection. He says he has given away his money to charity, but he still fully controls that money and can use the research grants for profit in his external personal portfolio. I have never accused Bill of embezzlement. I’m sure the whole process has gone through multiple lawyers.
Because when your money is more liquid it is more flexible? Idk.
Liquidity is how easy an asset is to sell. Stick with “idk”.
Action speak louder than words. Gates has yet to “give away” more than 20% of his wealth.
To enhance his public image and disguise the fact that the foundation is set up to enhance the rest of Bill’s portfolio. The funds share the same fund manager.
If Bill is so philanthropic, why does he keep $110bn outside his charity and only $42bn inside.
It’s all for PR and tax savings.
Why would he want/need to do this? There are a bunch of other billionaires in the world who have basically no public image whatsoever - why wouldn’t he just do that? And if he is so concerned about his reputation, why would he constantly draw the public’s eye towards the one thing that would ruin his reputation if he actually is embezzling money through his charities?
Because when your money is more liquid it is more flexible? Idk, ask him.
I have not been inside Bill’s brain, nor studied us other 161 credits on imdb. But it is obvious he loves being in the public eye
This is misdirection. He says he has given away his money to charity, but he still fully controls that money and can use the research grants for profit in his external personal portfolio. I have never accused Bill of embezzlement. I’m sure the whole process has gone through multiple lawyers.
Liquidity is how easy an asset is to sell. Stick with “idk”.
Action speak louder than words. Gates has yet to “give away” more than 20% of his wealth.