Posted on 02/02/2022 5:41:02 PM PST by blam
The billionaire French Gates wrote in her open letter: ‘The ultimate goal of any philanthropist should be to render the need for philanthropy obsolete.’
Melinda French Gates, co-founder of the Bill and Melinda Gates Foundation, will no longer be pledging the majority of her wealth to the philanthropic organization.
According to the Wall Street Journal, French Gates still plans to distribute much of her fortune across philanthropic endeavors, but largely outside of the Gates Foundation, which is one of the world’s largest.
“I recognize the absurdity of so much wealth being concentrated in the hands of one person, and I believe the only responsible thing to do with a fortune this size is to give it away – as thoughtfully and impactfully as possible,” French Gates wrote in a new letter.
“The ultimate goal of any philanthropist should be to render the need for philanthropy obsolete,” the billionaire wrote. “It’s important to acknowledge that giving away money your family will never need is not an especially noble act. There’s no question in my mind that the real standard for generosity is set by the people who give even when it means going without.
“That’s why, as part of this pledge, I commit to doing more than writing checks. I also commit my time, energy, and efforts to the work of fighting poverty and advancing equality – for women and girls and other marginalized groups – in the United States and around the world.”
In 2010, French Gates and her then husband Bill Gates, co-founder of Microsoft, launched The Giving Pledge, alongside billionaire investor Warren Buffett. The campaign encourages the world’s richest people to dedicate the majority of their wealth to charitable causes.
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(Excerpt) Read more at theguardian.com ...
99.99999% of it will go, no doubt, to Globull Gloaming, vegetarianism, wind and solar fraud, LGBTQWERTYMICKEYMOUSE horsepuckey, and so on, and so forth.
And, I suspect, her liberal cause is named Melinda Gates!
Maybe she wants to pull back on funding the Gates Foundation since that foundation has its depopulation agenda.
While she is right on all points, I suspect her wealth will be consumed by liberal organizations that will use it to harm others with their communism.
That is Caitlin Jenner.
You can do a lot of good with that kind of money. Somehow I don’t think she will accomplish much. I really hope I’m wrong.
That’s a MAN, baby!
The only thing missing is a unibrow.
yeah, she’s doing the divorce thing and going hyphenated to show same, next will be going back to just french...
When a woman marries it is customary for her to take her maiden name as her middle name and her husband’s name as her last.
When she divorces or separates she will often use both.
What if she already had a middle name?
She is a ugly broad. No wonder Bill went after other women.
In Steven Tyler’s case, that song is probably about him these days.
The childhood middle name was dropped. Often it was a name given at birth to honor a relative at 5he birth.
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