"The picture of the world's richest man killing the world's poorest children is not a pretty one," the Microsoft founder and billionaire told the Financial Times. Musk, CEO of electric automaker Tesla, spearheaded the efforts by the Department of Government Efficiency (DOGE) to slash federal spending, including the shuttering of the foreign aid arm, USAID.
Billionaire philanthropist Bill Gates said in an interview that Tesla chief Elon Musk had acted through ignorance during what Gates described as misguided cuts to US development assistance www.ft.com/content/bdd9 ...
-- Financial Times (@financialtimes.com) May 8, 2025 at 9:10 AM
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... The picture of the world's richest man killing the world's poorest children is not a pretty one," the Microsoft founder and billionaire told the Financial Times. ...
Agreed.
And I was, back in the day, a harsh critic of Mr Gates and his monopoly-obsessed Microsoft.
I still am, from time to time, as appropriate.
But, what is Mr Gates doing with all that money he obtained from the early computer users via Windows?
Philanthropic purposes.
Gates Foundation
www.gatesfoundation.org
...20 years to give away virtually all my wealth
Our mission is to create a world where every person has the opportunity to live a healthy, productive life.
When I first began thinking about how to give away my wealth, I did what I always do when I start a new project: I read a lot of books. I read books about great philanthropists and their foundations to inform my decisions about how exactly to give back. And I read books about global health to help me better understand the problems I wanted to solve.
One of the best things I read was an 1889 essay by Andrew Carnegie called The Gospel of Wealth. It makes the case that the wealthy have a responsibility to return their resources to society, a radical idea at the time that laid the groundwork for philanthropy as we know it today.
In the essay's most famous line, Carnegie argues that "the man who dies thus rich dies disgraced." I have spent a lot of time thinking about that quote lately. People will say a lot of things about me when I die, but I am determined that "he died rich" will not be one of them. There are too many urgent problems to solve for me to hold onto resources that could be used to help people. ...
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