Hot on HuffPost Tech:

See More Stories
AOL Tech

Bill Gates Leaving His Fortune to Charity, Not His Kids



While being the child of Bill and Melinda Gates no doubt has its share of perks, financial security may not necessarily be one of them. Bill Gates has promised that he will leave his vast $58 billion fortune to the charity started by him and his wife, the Bill and Melinda Gates Foundation, and not to his offspring.

Gates -- who is officially stepping down as the chairman of Microsoft next Friday -- said of the decision that he and his wife made, "We want to give it back to society in the way that it will have the most positive impact."

The money will go to fund educational and health projects around the globe, which is certainly a much more positive use than buying a yacht for the kids. [Source: Daily Mail]

Bill Gates at Microsoft -- a Look Back



Related Links:


Tags: bill gates, BillGates, microsoft, philanthropy

Comments

242