The article " "The Gates Foundation: "Giving Away A Fortune" talks about how and why Microsoft's founder Bill Gates is giving $60 billion of his fortune away (CBS, 2010) Bill Gates, has become the most generous philanthropists in the world. Bill and Melinda Gates started "The Gates Foundation" about 10 years ago and have been giving billions away every since to charities and causes, all around the world. They recently have traveled the world to find new causes that need attention. Some examples include: education, AIDS, malaria, and childhood death. (CBS, 2010)
Many Fortune 500 leaders have chosen to become philanthropists. However, it is interesting to compare how much Bill Gates donates to other leaders. Bill Gate's Foundation has already given "$4.5 billion for vaccines, about $2 billion for scholarships in America, and $1.5 billion to improve farming in Africa and Asia." It is interesting to learn that, so far, the foundation ranks just behind McDonald's and just ahead of Boeing (CBS, 2010).
I knew Bill Gates donated a lot of his money, but this article is very interesting because, I was not aware that he pledged to donate $60 billion of it.
I think this article is one of the best examples of how a leader can really make a difference in a good way. If I had Bill Gate's fortune, I would donate what he plans on giving away. My opinion is, why not give away that much if you are living comfortably. Millions of lives are going to be saved with these donations and that is why I would give away that much, if I could.
For more information on this interesting article, check out this CBS 60 Minutes Video: Bill Gates: Giving A Fortune Away
This article brings up the question of, What would you do if you had Bill Gate's fortune? And, If you had his fortune, which has to be well above $60 billion, would you donate $60 billion? Also, what is your opinion on this article?
Article from: http://www.cbsnews.com/stories/2010/09/30/60minutes/main6915431_page2.shtml?tag=contentMain;contentBody
-Michael Cosentino
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