Microsoft founder Bill Gates has revealed why none of his children will inherit his Fortune. Bill Gates isn’t just rich. The man is wealthy, after donating nearly $31 billion in stock and cash to his foundation over his lifetime, the Microsoft founder is still worth over $85 billion
One would think being a child of the richest man on earth means you get to enjoy private Jet rides, eat whatever you like and do whatever you please afterall your Dad is the richest. That lifestyle looks really amazing but unfortunately that sounds like a dream to Bill Gate’s three children. Bill Gates plans on leaving the majority of his fortune to his Bill and Melinda Gates Foundation, which funds health and education projects worldwide. Only a fraction of his wealth will go to his children. His reason is :
“It’s not a favor to kids to have them have huge sums of wealth,” he said. “It distorts anything they might do, creating their own path.
” Our kids will receive a great education and some money so they are never going to be poorly off but they’ll go out and have their own career.”
Bill Gates continued by saying his childresn understands what he is doing and they are proud of it.
“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.