this post was submitted on 10 May 2025
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Bill Gates to give away 99% of his wealth in the next 20 years (www.gatesnotes.com)
submitted 2 days ago by 1984@lemmy.today to c/technology@lemmy.world
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One of the best things I read was an 1889 essay by Andrew Carnegie called The Gospel of Wealth. It makes the case that the wealthy have a responsibility to return their resources to society, a radical idea at the time that laid the groundwork for philanthropy as we know it today.

In the essay’s most famous line, Carnegie argues that “the man who dies thus rich dies disgraced.” I have spent a lot of time thinking about that quote lately. People will say a lot of things about me when I die, but I am determined that "he died rich" will not be one of them.

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[–] Rivalarrival@lemmy.today 29 points 2 days ago* (last edited 1 day ago) (1 children)

The fact that he collected billions (worth of cash and financial instruments) in the first place is the problem. He should have been charging consumers less, and paying his workers more. He never should have accumulated his obscene wealth to begin with.

[–] Crashumbc@lemmy.world 1 points 9 hours ago

And not being an evil removed driving competition out of business with illegal practices.