Gates pledges to give away entire fortune, leaving nothing for children

by cshack on 2008-06-26 23:09:24

Bill Gates decided to retire at the age of 52 and only serve as non-executive chairman. Gates said that he would donate his entire $58 billion fortune to the charitable foundation named after him and his wife, the Bill & Melinda Gates Foundation, and would not leave a single penny to his own children. Gates regards his huge wealth as a great privilege, but also a great responsibility. However, compared with Gates' view of wealth, most of our billionaires see wealth as a means and end to pursue fame and personal value.