The world richest man Bill gates has revealed that is his children won't get a penny of his £70billion fortune and says he will give it away to charity instead when he dies.


The Microsoft creator said this on ITV’s This Morning , who has an estimated net worth of $81.7 billion, says his kids understand his decision.

Speaking to Holly Willoughby and Ben Shephard, the 60-year-old said: “Well, our kids receive a great education and some money but they will go out and have their own careers."

He reasoned that by allowing his children - two daughters and a son - to inherit his fortune “distorts anything” they might try to do.



Gates said all three were “proud” of his decision.

The businessman-turned-philanthropist said instead of billion-dollar trust funds, the children would have their own careers.

Laughing, he added they would never go short saying “They are never going to be poorly off'.

Gates said: “It's not a favour to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path.”

Source: http://nigconnect.com/posting.php?mode=edit&f=4&p=207

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The essence of an inheritance is that two generations don't suffer the same thing.

What's up Bill

lalaticlala fp please

Civilised and thoughtful.
Instead Nigerians go gather and loot for their next five generations.

White man mentality

makydebbie:
The essence of an inheritance is that two generations don't suffer the same thing.

What's up Bill

this shows how generous he is but i don't believe he won't give his children a penny

nigconnect:


this shows how generous he is but i don't believe he won't give his children a penny

hyperbole I guess.

Hmmmm....

Reasonable

Lo.. Really?

Laveda:
Lo.. Really?

my exact thought

nigconnect:


The world richest man Bill gates has revealed that is his children won't get a penny of his £70billion fortune and says he will give it away to charity instead when he dies.


The Microsoft creator said this on ITV’s This Morning , who has an estimated net worth of $81.7 billion, says his kids understand his decision.

Speaking to Holly Willoughby and Ben Shephard, the 60-year-old said: “Well, our kids receive a great education and some money but they will go out and have their own careers."

He reasoned that by allowing his children - two daughters and a son - to inherit his fortune “distorts anything” they might try to do.



Gates said all three were “proud” of his decision.

The businessman-turned-philanthropist said instead of billion-dollar trust funds, the children would have their own careers.

Laughing, he added they would never go short saying “They are never going to be poorly off'.

Gates said: “It's not a favour to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path.”

Source: http://nigconnect.com/posting.php?mode=edit&f=4&p=207

bill gate bill gate how many times i call u