Bill Gates Says His Three Children Understand And Are Proud Of His Decision To Leave Most Of His Fortune To Charity
Gates has revealed that he would leave the vast majority of his fortune to the Bill and Melinda Gates Foundation, the foundation he runs with his wife upon their deaths. The couple’s three children, according to Gates, understand the decision and are actually proud of it.
Gates said leaving all that money to his children would actually be counter productive and thus, they need to go out and find their own paths.
“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.” Gates said of the decision.
“Our kids will receive a great education and some money so they are never going to be poorly off but they’ll go out and have their own career.”
Gates added that the three kids – Jennifer, 20, Rory, 17, and Phoebe, 14 – have seen the work the Foundation is doing and are proud of it.
“This money is dedicated to helping the poorest. They know that, they are proud of that, they go on trips with us to see the work that’s being done.” Gates added in the interview with the ‘This Morning’ hosts.