“I will give away virtually all my wealth”: The Microsoft billionaire has pledged his foundation will distribute $US200 billion over the next 20 years.
But his charity works abroad a lot, so isn’t it more like a burglar stealing your TV, selling it and buying lifesaving drugs for third world children for the money?
he has been milking that good will cow for decades
And it’s working. His charity is extremely visible, while the public doesn’t understand how much he took and deadweight lost with his monopoly.
It’s like a burglar breaking your window, stealing your TV…
…
Years pass…
…
Here have a free TV! I am so generous!
But his charity works abroad a lot, so isn’t it more like a burglar stealing your TV, selling it and buying lifesaving drugs for third world children for the money?