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Old 05-04-2006, 08:35 AM   #1
mcs328
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Bill Gates: I wish I wasn't so rich.

http://www.usatoday.com/tech/news/20...s-wealth_x.htm

It's not easy having green: Gates doesn't want to be richest man

REDMOND, Wash. (AP) — Most people probably dream of being the world's richest person — except, perhaps, the man himself.

Microsoft co-founder Bill Gates told an online advertising conference Wednesday that he'd prefer not to be the richest person in the world.

"I wish I wasn't," he said in a session in which he was being interviewed by Donny Deutsch, the host of an interview show on CNBC.

Gates is ranked by Forbes magazine as the world's richest individual, with an estimated wealth of about $50 billion.

"There's nothing good that comes out of that," he said. "You get more visibility as a result of it."

Gates is doing his part to share the wealth. His Bill & Melinda Gates Foundation is the world's largest philanthropy, with an endowment of $29.1 billion. He was not asked about giving away more money sooner.

Still, Gates said he can go out and do everyday things like other people, despite his wealth and celebrity.

"I'm not bothered when I'm out in public or anything," he said. "Someone might ask for a signature, rarely, but that's not a difficult thing."

And the Microsoft (MSFT) chairman expressed a kinship for at least one other person in his exclusive club, saying during the session that investor Warren Buffett — ranked by Forbes as the world's second-wealthiest — is the person he's learned the most from.

Buffett, the chairman of Berkshire Hathaway (BRKA/BRKAB), has an estimated wealth of $42 billion.

Gates also said he wouldn't follow in the footsteps of other wealthy Americans by entering politics.

"I certainly will never be a politician," he said. Asked why not, he said: "For every reason. I wouldn't like it, I wouldn't be elected. I'm better at what I'm doing."
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I like that last part...he knows his place.
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Old 05-04-2006, 09:16 AM   #2
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Hell, bring some of that $$$$$$ my way
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Old 05-04-2006, 09:31 AM   #3
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I'd read that slightly differently. "I don't want less money, but I wish one guy had a little more than me"
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Old 05-04-2006, 09:50 AM   #4
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Oh geez... I FEEL SO BAD FOR YOU MR. GATES!!!




BTW... if you send enough of that cash over here... we can RECTIFY your situation ya know.
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Old 05-04-2006, 12:58 PM   #5
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Sharing the wealth:
If Gates divided his money among all the people in the world, the 6.5 billion people would get $7.69 each. Divided just among US citizens, the 300 million people would get $167 each.
That amount is less than one seventh of the money the US will spend on just interest on the National Debt this year. The government spends the equivelent of Gate's wealth every nine days.
In August 2005, the median household income in the US was $44,389. They would have to work 1,126.4 years to earn as much money as Gates.
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Old 05-04-2006, 03:07 PM   #6
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Quote:
Originally Posted by zippyjuan
Sharing the wealth:
If Gates divided his money among all the people in the world, the 6.5 billion people would get $7.69 each. Divided just among US citizens, the 300 million people would get $167 each.
That amount is less than one seventh of the money the US will spend on just interest on the National Debt this year. The government spends the equivelent of Gate's wealth every nine days.
In August 2005, the median household income in the US was $44,389. They would have to work 1,126.4 years to earn as much money as Gates.

Heh...nice stats. Still, he gives away more of his money than any individual in the world. And those who receive his grants often need them desperately. He ranks high in my book for that.
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Old 05-04-2006, 03:09 PM   #7
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He could send couple of millions to my "charity organization".
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Old 05-04-2006, 03:46 PM   #8
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Quote:
Originally Posted by Houdini
Heh...nice stats. Still, he gives away more of his money than any individual in the world. And those who receive his grants often need them desperately. He ranks high in my book for that.
I would definately agree. I just wanted to add some perspective to the numbers.
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Old 05-05-2006, 05:05 PM   #9
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Show me the money!
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Old 05-05-2006, 08:16 PM   #10
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He should start his own church, then all his billions would be tax free.
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Old 05-05-2006, 09:48 PM   #11
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Quote:
Originally Posted by Hoser
He should start his own church, then all his billions would be tax free.

You reading L Ron Hubbard's biography again?
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Old 05-06-2006, 08:31 AM   #12
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I heard in an email that everyone who posts on this thread gets $10 from Bill Gates and Microsoft in the mail!
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Old 05-06-2006, 04:05 PM   #13
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Quote:
Originally Posted by Cubsfan
I'd read that slightly differently. "I don't want less money, but I wish one guy had a little more than me"


He is going to give away all of his money. I remember reading that his kids would get very little of what was left(less then 10 million).
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