Microsoft co-founder Bill Gates has no personal use for money, uses it for the poor

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Published onJanuary 20, 2013

published onJanuary 20, 2013

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Microsoft’s co-founder and Chairman Bill Gates recently mentioned during an interview that he had no use for money. In fact, Gates wants to take the wealth that he has and give it back to the world. Gates is focusing on “getting the resources out to the poorest in the world.”

“I’m certainly well taken care of in terms of food and clothes. Money has no utility to me beyond a certain point. Its utility is entirely in building an organisation and getting the resources out to the poorest in the world,” Gates stated during an interview. “We’re focused on the help of the poorest in the world, which really drives you into vaccination. You can actually take a disease and get rid of it altogether, like we are doing with polio,” Gates adds.

Gates explains that the vast majority of his money (95%) goes to the Gates Foundation. In fact, the Foundation will spend all of that money within 20 years after Bill and Melinda gates are no longer around. Gates co-founded Microsoft alongside Paul Allen back in 1975 and left the CEO position back in January of 2000. In 2006, Gates announced that he would play a part-time role at Microsoft and the majority of his attention to his Foundation and philanthropic efforts.

Radu Tyrsina

Radu Tyrsina has been a Windows fan ever since he got his first PC, a Pentium III (a monster at that time).

For most of the kids of his age, the Internet was an amazing way to play and communicate with others, but he was deeply impressed by the flow of information and how easily you can find anything on the web.

Prior to founding Windows Report, this particular curiosity about digital content enabled him to grow a number of sites that helped hundreds of millions reach faster the answer they’re looking for.

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Microsoft co-founder Bill Gates has no personal use for money, uses it for the poor