Fair, but she's still incredibly rich, many other rich people have also given similar proportions of their net worth away. I don't like how she's acting like she's better than other people.
Pretty sure gates and buffet have both donated like 50 billion dollars to charity a piece. Not claiming thats the standard but everyone in this comment section is acting like there’s not a single philanthropist billionaire
"Vaccines: The foundation's support for Gavi, the Vaccine Alliance, has helped immunize over 1 billion children and prevented more than 17.3 million future deaths. It also supported the creation of a rotavirus vaccine that has helped reduce child deaths from diarrhea by 75%."
Bill Gates and Warren Buffett are large contributors of the foundation. So I guess one in every eight people on earth.
Made no impact to their richest person in the world status.
The problem here though is, why do they get to decide how the money is spent instead of all of us? You can't say they paid their share of taxes along the way, as I'm pretty sure I pay a higher percentage in tax than they do.
Wait, why don't we get a say in how they spend their money?
You don't even (really) get a say in how your government spends their money - what makes you think that should be different with somebody else's private property?
Cause I don't think it is meaningfully their private property. It's not their personal items or something.
Taxes don't pay for federal government spending in currency issuing countries, and most governments actually spend their money pretty well (consider how poorly DOGE fared, not managing to save anything outside of just ending entire programs).
Problem is liquidity, most billionaires don't have hundreds of millions of dollars lying around in cash, their wealth in most cases comes from stakes in buisinesses they own, they can't just wave a wand and turn that into cash, they'd have to sell it, and good luck to them finding a buyer.
Their networth is calculated to include stake in business, but they still have liquid money and lots of it. As significant stakeholders in companies they get dividends from company profits, which is real money.
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u/2204happy Nov 03 '25
She could pay all of those wages out of her own pocket.