Does Invoice Gates, the sixth richest particular person on the planet with a internet value of $163 billion, assume he is too wealthy?
Gates prevented answering “sure” or “no” in a September episode of the Netflix sequence “What’s Subsequent? The Future with Invoice Gates.” As a substitute, he said that it was “type of wild” that billionaires even existed.
“It is an enormous quantity of wealth, which when you even tried to eat it will be type of absurd,” he mentioned.
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On a podcast episode of On with Kara Swisher, which aired Monday, Gates specified that he would arrange a unique tax framework for the ultra-wealthy if he have been answerable for tax insurance policies, and set the speed round 62%.
“I might set tax charges fairly a bit increased for wealthy folks,” he mentioned within the episode, titled ‘How you can Tax the Wealthy, AI, Misinformation, & the Election.” He referenced Senator Bernie Sanders and said, “I might not make it unlawful to be a billionaire. [Bernie Sanders] would take away over 99% of what I’ve. I might take away 62% of what I’ve. In order that’s a distinction.”
Invoice Gates. Photograph by Mike Lawrence/Getty Photographs
Gates is among the co-founders of the Giving Pledge, a company began in 2010 to encourage billionaires to publicly decide to philanthropy. He has given away $77.6 billion up to now via the Gates Basis.
His ex-wife, Melinda French Gates, left the Invoice & Melinda Gates Basis in Might and introduced that she can be giving $1 billion to organizations preventing for girls’s rights.
