this post was submitted on 26 Apr 2024
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No Stupid Questions

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If you look here:

https://www.bloomberg.com/billionaires/

Bill Gates is only the 5th richest.

...but the Bill & Melinda Gates Foundation has an endowment total of $75.2 billion.

So, his wealth ($149 billion) + foundation ($75 billion) = $224 billion.

So, my question is...can he spend that foundation money any way he wants instead of spending his personal money? If he wants a jet can he just use the foundation money? If so, then he is still the richest person in the world even though he does not get labeled as such in the news anymore.

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[โ€“] Sethayy@sh.itjust.works 4 points 6 months ago (1 children)

I mean not to go against the propaganda but shouldn't we allow kids to have vaccines without a boatload of cash?

Just cause you save a million kids doesn't mean you can harm 10 million more, though that could mean a 10x return on investment

Well of course kids should have vaccines for free.

Who gives out the free vaccines though? If governments don't then who? If a wealthy person chooses to use their own money to do so, should we hate that person?

Also, I don't really follow your claim around harming 10 million kids? Or return on investment? What harm and what investment? Can you elaborate?