Bill Gates is the richest person in the world — but one retired New York hedge-fund mogul thought the software pioneer’s Giving Pledge was “practically worthless"....Wilson had his own views on how and when to engage in philanthropy. Read more here.
Wilson found especially problematic the pledge’s loophole that allowed signers to gift their wealth to a family-controlled foundation.
“And these foundations become, more often than not, bureaucracy-ridden sluggards,” Wilson wrote to Gates in a June 2010 e-mail, a copy of which was obtained by the website BuzzFeed.
“I’m going to stay far away from your effort,” Wilson told Gates in the same e-mail...
Wilson, by signing the pledge, could inspire younger people to increase their giving, Gates wrote.
Wilson, in a second e-mail to Gates, was a bit more testy.
“You, being a liberal, think you can change people more than I think,” he wrote.
Thursday, January 02, 2014
Bill Gates Wanted His Money And He Said No
Bill probably isn't used to being told no: