Home » Life style » Bill Gates Explains Why His Children Won’t Inherit His $81bn Fortune
Bill gates on coronavirus issues
World's richest person & Microsoft founder, Bill Henry Gates

Bill Gates Explains Why His Children Won’t Inherit His $81bn Fortune

Bill Gates, Microsoft creator, says none of his children would inherit his $81.7 billion fortune. Gates who’s the world’s richest man says his wealth would be given away to charity when he dies.

Check also: Russia’s 2nd Richest Man, Mikhail To Give All His Wealth To Charity

The 69-year-old software entrepreneur said this Wednesday on ITV’s This Morning show. Speaking to Holly Willoughby and Ben Shephard, Gates said his children understand his decision and are proud of it.

He noted that by bequeathing money to them, they may get derailed as the fortune would “distort anything” they may possibly intend to do with their lives.

Bill gates

Bill gates, his wife and kids

“Well, our kids receive a great education and some money but they will go out and have their own careers. “It’s not a favour to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path.”

The billionaire said his wealth would be used to help the poor through the Bill And Melinda Gates Foundation.

“This money is dedicated to helping the poorest. They know that, they are proud of that, they go on trips with us to see the work that’s being done”, he added.

Source: The cable

Check also;

This is not a Paywall, but Newslex Point's journalism consumes a lot of time, hard-work and money. That's why we're kindly requesting you to support us in anyway they can, for as little as $1 or more, you can support us .

Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.

Donate Button with Credit Cards

Comments

comments

Loading...

About lukwago J

Posted by LUKWAGO. J: He's a writer, editor, blogger, affiliate and a web developer, he loves thinking creatively and finding new ways to implement different programming ideas.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Loading...
x

Check Also

Mubende ’s 1st Soccer Tour Leaves Punters Thrilled

Mubende’s 1st Soccer Tour Leaves Punters Thrilled

It will be a moment to record forever as Fortebet-Alex Muhangi soccer tour stepped foot ...