UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: xhail One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 817081  
Subject: Re: The Six-Year Cup of Coffee Date: 1/14/2000 3:03 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Bill Gates says he and his wife plan on leaving a mere $10 million each to each of their children and giving away the rest.I guess they didn't want to spoil them with gazillions! ;-), but I wish my Dad spoiled me a little more than the $10 I got!In some ways, we have to respect Bill for this if it turns out to be the case.

I always wondered about those who think the rich should giveway x amount of dollars to charity vs multiplying it themselves while providing jobs and boosting the economy and eventually giving it away, but in a trust fund of investments where only so much of the returns could be taken? Wasn't it Ben Franklin who left a small sum to the city of Philly, but it couldn't be touched for a 100 years while earning interest or something like that? What if the rich (greater than 10 mil? net worth) and large corporations had to give a fixed % of their profits to charity, medical causes, etc.Would this be a bad or good idea in your opinion?

PS, are you sure he will want New Jersey?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next


Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Berkshire Hathaway

Collected Mungofitch Quotes
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.