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Gates will donate all the money he owns? email this discussion to a friend?

myLot reputation of 70/100. crazy_andy (135)   ranked 35 out of 457 in usa4 months ago

I heard that Gate would donate all the money to charity after his death,with nothing to his posterities.

So great a man. i think this is the differenc between American and Chinese.

if you are an American,will you do that?

 
 
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cobrateacher (1526) response was accepted on 6/22/2008.
denotes best response.
tags:  american, giving
 
1. myLot reputation of 65/100. jimonokata (501)   ranked 439 out of 457 in usa   4 months ago

even i heard of it.i am not certain..if he does it would be great.i wouldnt do so


myLot reputation of 70/100. crazy_andy (135)   ranked 35 out of 457 in usa  4 months ago

I guess i wouldn't too.

so i want to know what's the reason of this great American to do so

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2. myLot reputation of 94/100. coolgadget (615)   ranked 438 out of 457 in usa   4 months ago

that is really so good of bill gates to donate all those money to the charity. doesn't he have any family to give some of his wealth. i think though it is good thing to donate to charities. i think he better start making or helping people while he is still alive and that way he will be able to supervise and better able to see where his money is going and i think that it will be more good if people will actually see how he helps other people when he is dead. cause sometimes giving all your money to the charities is not really that advisable cause sometimes we really don't know where our money goes. and so i think it is better he will make his own charities and run it and then give money to poor people now while he is alive. and if he died that all those money will be giving or shared to his charity and other charities as well. is he a single person. doesn't he have a family to donate some of his wealth. if he does have a family like wife and children then i think he should really keep big part of those money for them cause his family if ever has one really need to survive and get some benefits of having a comfortable life.

though giving money to the charities is really such a great act. there are still so many good things he can really. there are better way to help other people specially the poor and so i think he better give time to learn more on how to help other people. cause giving your money is not really the best way. i think he better educate other people how to be self sufficient. or i think he better make a free school for poor people to study and to help them to help themselves.


myLot reputation of 70/100. crazy_andy (135)   ranked 35 out of 457 in usa  4 months ago

what you said sound reasonable.maybe he should use the money hinself to help the people needed.but in actuality,it is a little difficult to use up all the money he has in his life.he wants to use the money to earn more money,and donate all the money.to establish some schools ia a good advice.
i know he has been married,but i am not sure whether he has a boy or a giul,so i am just wondering to ask this question. will his sons or daughters hate him?
Aha, and i heard one reason why he decided to donate all the money is just to avoid the high tax rate. I think that's not the reason.but i don't know much about the US,so will an American come here to tell us what you think?

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3. myLot reputation of 93/100. cobrateacher (1526)   ranked 33 out of 457 in usa   4 months ago

Surely, the Gateses made sure their children can take care of their needs before they decided to leave everything to their foundation so goo works can continue. Surely this is needed all over the world, but I deeply wish, in the US, at least, more and more people would emulate these actions.
Many people feel they can't afford to give. For the sake of our minds and our souls, we can't afford not to give all we can to make the world a better place!

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4. myLot reputation of 82/100. ZephyrSun (1537)   ranked 42 out of 457 in usa   4 months ago

If I have any money when I die it will go to my children if they are in need but if they have great jobs then it will go to charity. We already donate a lot to the local homeless shelters along with our time. I think it is important for our children to learn to help others. So what would you do since you said "I think this is the difference between American and Chinese."?


myLot reputation of 82/100. ZephyrSun (1537)   ranked 42 out of 457 in usa  4 months ago

I forgot to add that Warren Buffet is also leaving all of his money to the Gates Foundation and if you google his children one lives almost in poverty. That is a little strange but he doesn't believe that you should hand your money over to your children.


myLot reputation of 70/100. crazy_andy (135)   ranked 35 out of 457 in usa  4 months ago

the difference indeed exists.

In China,there are also many many rich people,they don't seem to like to donate money the poor, even in the huge Earthquake in Sichuan few days ago, they did bad.

they like use the money to buy the luxury cars,the most big houses,private planes, and dating beautiful actresses. even worse, they like to spend the money on women very much.

why our Chinese rich people can't do such things as Gates does.
and people in Hongkong,who are also ethnic Chinese, they do much better than us.

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5. myLot reputation of 45/100. darkjedi (1994)   ranked 307 out of 457 in usa   4 months ago

Yeah right there is no way he would do that. THats like those emails you get that if you pass it on gates will pay you money.


myLot reputation of 70/100. crazy_andy (135)   ranked 35 out of 457 in usa  4 months ago

not so simple!

usually, the US company want to use the least money to earn money as much as possible.
so they bring down the prices to buy the stall.
then the Chinese producers have to choose some cheapest substitutions.


myLot reputation of 70/100. crazy_andy (135)   ranked 35 out of 457 in usa  4 months ago

Aha, i'm sorry,
it seemd that i made a mistake and put it in a wrong place.

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