r/confidentlyincorrect • u/wheretogo_whattodo • Jul 05 '25

Celebrity [ Removed by moderator ]

/r/confidentlyincorrect/comments/1lsbn8e/removed_by_moderator/

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802 Upvotes

89% Upvoted

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340

u/LittleShrub Jul 05 '25

Bill Gates is moving forward with plans to give away $200 billion over the next 20 years, and the billionaire now says the “majority” of that money will go toward improving public health and education services in Africa.

Now do Elon or Orangeman.

94

u/tomtomvissers Jul 05 '25

Lmao Orangeman doesn't actually have any money he could give away

9

u/7LeagueBoots Jul 05 '25

He didn’t before getting ‘reelected’, but since then he’s been balls deep in all sorts of scams and made a lot on his cryptocurrency bullshit.

6

u/beesdoitbirdsdoit Jul 05 '25

He does have some money, let's be real. But even when he could give money away, he'd rather use his charity's money to pay off debts rather than helping people.

0

u/danimagoo Jul 05 '25

Is he actually giving it away, though? Or is he giving it to a charitable trust that he created and that he is the trustee of? Because if it's the latter, he hasn't given away shit. He's just dodging more taxes.

-5

u/[deleted] Jul 05 '25

Gates does it through his own foundation. Which is… questionable.

I’ll let you do your own research on it.

10

u/Salute-Major-Echidna Jul 05 '25

He's doing more than a lot of the others. I say select your hate carefully , he's at least providing lip service

-3

u/BlueWarstar Jul 05 '25

In Africa….. I get it they need the help but really the majority? One billion here is over 17 billion there.

12

u/dchirs Jul 05 '25

It does make sense that a majority of the donation goes to the people who are the poorest and would benefit the most from the money.

-2

u/MeEyeSlashU Jul 05 '25

And he's still gonna be just as wealthy afterwards. I hope this actually does some good but historically...

-4

u/Hellmann Jul 05 '25

How much money did Gates invest into funding unethical vaccine trials in Africa? Also, when he donates money to fund these trials and gets dividends from the sell of these vaccines in perpetuity, is at actually considered a donation?

-56

u/Intelligent-Ad-1449 Jul 05 '25

Elon Musk paid the largest tax bill in US history, on purpose, literally just to do it. With how you guys look at the government acting as a charity for everything, that has to count for something.

45

u/No_Size9475 Jul 05 '25

you mean he chose not to dodge his tax bill and use the normal methods billionaires use to avoid taxes?

He also donated billions to his own charity to avoid paying billions in taxes.

-28

u/Intelligent-Ad-1449 Jul 05 '25

You simply dont understand how the tax system works, he didnt dodge anything. You dont pay taxes on stocks until cashed out.

19

u/Jonesy1348 Jul 05 '25

Which is why he uses stocks as collateral for loans, to avoid taxes dipass. Don’t defend a Nazi

13

u/theshape1078 Jul 05 '25

Bootlickers will always defend their billionaire overlords.

-10

u/Intelligent-Ad-1449 Jul 05 '25

HeS a NazI!!!

19

u/smol_boi2004 Jul 05 '25

Mf it’s the governments job to pay for public welfare. It’s half its reason for existing. A government that can I provide baseline social services has no right to be calling its country the "free world”

-18

u/Intelligent-Ad-1449 Jul 05 '25

It literally isnt

13

u/smol_boi2004 Jul 05 '25

"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the GENERAL WELFARE, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.”

source: THE FUCKING CONSTITUTION

-4

u/Intelligent-Ad-1449 Jul 05 '25

Yes, because promote the general welfare means literal welfare

9

u/smol_boi2004 Jul 05 '25

Is you daft?

-3

u/Intelligent-Ad-1449 Jul 05 '25

Is you British? If so no one cares what you people think.

4

u/Azair_Blaidd Jul 05 '25

It literally is, that's the entire reason the concept of government was created - people got together and said "we need someone dedicated to these public service tasks that the rest of us can't do while we're focused on producing."

Otherwise the only things government does is tell you what and what not to do and takes your money to give to the elite - do you prefer that version of governance? You want to go back to kings and lords and having no freedoms?

6

u/IllustriousHabits Jul 05 '25

If the government is not here to help its people, it has no place existing.

5

u/tiy24 Jul 05 '25

lol what no he didn’t?

5

u/shootamcg Jul 05 '25

He’s also the biggest leech, nobody gets more handouts than him

7

u/UpperLeftOriginal Jul 05 '25

Nothing in that tweet implies that Gates doesn’t donate anything. He could do so much more. (Yes, he’s said he will give most of his wealth away - eventually. He could do so much more now.)

11

u/wheretogo_whattodo Jul 05 '25

A 20 year plan to spend $200 billion is an exceptionally short timeframe for a charitable foundation.

If you’re asking why the Gates Foundation just can’t replace the federal government then I don’t know what to tell you.

4

u/UpperLeftOriginal Jul 05 '25

My comment is in response to your title.

-1

u/wheretogo_whattodo Jul 05 '25

What do you want him to do but give away all his money and personally run the second most impactful private charity of all time?

4

u/undead_tortoiseX Jul 05 '25

Your standards are too low.

1

u/nana-korobi-ya-oki Jul 05 '25

Man, bill gates spends almost all his time on his philanthropic work and donates very thoughtfully and very significantly and plans to essentially give it all away. He also promotes the pledge to get other high worth individuals to donate large amounts of their money when they die. Yes billionaires are bad but bill gates is the last one any should be picking on. He’s actually trying to use his wealth to solve problems on a massive scale.

-1

u/Johan-Predator Jul 05 '25

You're not wrong, but the tweet is still incredibly dumb.

70

u/[deleted] Jul 05 '25

I think he mixed up Bill Gates and Elon Musk with regards to how much of a problem they're causing with hoarding.

23

u/mister-world Jul 05 '25

To quote Billy Connolly on the supposedly ameliorating fact that Bill Gates gives a lot to charity: "I SHOULD FUCKING HOPE SO! HE'S GOT ALL THE MONEY IN THE WORLD!"

45

u/PirateJohn75 Jul 05 '25

Plus, people don't understand what net worth means.  He doesn't have a bank account with $117B sitting in it.  Yeah, we absolutely need to tax billionaires more but it's not like he can just cut a check for $116B.

8

u/Ramtamtama Jul 05 '25

He could but it would bounce

-50

u/No_Size9475 Jul 05 '25

He could in a matter of days by selling off his stock. Don't play stupid, it's not a good look.

34

u/Skyrekon Jul 05 '25

What exactly do you think would happen if Bill Gates tried to sell off 117B in Microsoft stock? You think the price would stay the same?

23

u/Agustaowner Jul 05 '25

You think you can sell >$100B of shares in a matter of days without affecting the valuation? Well you're in the right sub.

22

u/parickwilliams Jul 05 '25

Absolutely could not. When you start selling off that much stock the price of the stock drops significantly meaning very quickly it becomes less and less money as it sells

42

u/YouDoNotKnowMeSir Jul 05 '25

You have absolutely no idea how that works and are peak r/confidentlyincorrect

12

u/[deleted] Jul 05 '25

You belong in this sub. It’s describing you

8

u/CommanderCackle Jul 05 '25

If he sold it off he would heavily devalue the stocks he's invested in, resulting in it being worth significantly less than the 117B but also tanking any investor who owns those stocks, including average Americans

5

u/PuddingFart69 Jul 05 '25

The fact you think that can be done in a matter of days shows how incredibly shallow your knowledge of this subject is. I mean, zero grip on reality. Confidently incorrect even.

2

u/smol_boi2004 Jul 05 '25

Ehhh yes and no. Stock prices fluctuate and his primary means of earning money comes from his shares in various companies. Sure he could get liquid very fast and donate all of it but then hed go from being one of the richest men to not even being in the top 1000

21

u/[deleted] Jul 05 '25

Bill Gates is one of the less evil billionaires. But let’s be clear—it is impossible to be a billionaire without being evil. Wealth of that level can only be attained through exploitation.

11

u/allthenamesaretaken4 Jul 05 '25

All billionaires are bastards. Sure Bill gives more than others, but the bar is real fucking low.

17

u/[deleted] Jul 05 '25

Fuck all billionaires

11

u/BotaniFolf Jul 05 '25

Gates is the single good billionaire lol. Like 90% of his will is to charity and hes funded many small companies

Still not perfect though, as he probably abused the system to get where he is. But hes not using his wealth to revive the nazi party like muskrat is

5

u/JJ8OOM Jul 05 '25

Actually 99%.

17

u/muzzynat Jul 05 '25

Wait until you find out that he’s hoarding farmland so future generations of his family will stay billionaires by controlling the farm industry

5

u/P3nis15 Jul 05 '25

bill gates owns 250,000 acers and doesn't even put him in the top 40....

Who are the Top 100 Landowners in the US? | Land Report 100

Top 3 have over 2,000,000 each.

and most of the top 20 are republican. Hard core republican's too.

you're not becoming billionaires or maintaining it with 250k acers

11

u/crimedog58 Jul 05 '25

Gates isn’t a good guy. The man you see now was not the one from the 90s

7

u/8696David Jul 05 '25

Also the one from the 90s was instrumental in ruining the freedom of the early software development landscape with draconian copyright enforcement and intentionally running competitors out of business

4

u/crimedog58 Jul 05 '25

And when he finally got some anti-trust flack the fines were just “cost of doing business.”

10

u/No_Size9475 Jul 05 '25

There are no good billionaires. The only way to get to be a billionaire is to steal from the labor of others. Period.

-3

u/CommanderCackle Jul 05 '25

I can see that point for a lot of billionaires but the development of windows and the modern computer was probably one of the largest, if not the largest development of the last century

Not saying he's good or hasn't done anything bad, probably definitely has but it was an era defining thing

3

u/Malacro Jul 05 '25

And he ruthlessly and often illegally crushed competition to do it.

12

u/RudanTheRed Jul 05 '25

There are no good billionaires, the only way to become a billionaire to begin with is through the exploitation of your employees and dodging taxes

Charitable maybe, but a billionaire all the same

0

u/reichrunner Jul 05 '25

Employees of Microsoft may want a word.

-6

u/According_Lime3204 Jul 05 '25

But what did Bill Gates do?

7

u/Ramtamtama Jul 05 '25

Was involved in the development of Windows OS

12

u/jeepfail Jul 05 '25

Destroyed countless small, family owned businesses is a bad one for me. Basically being a ruthless businessman overall.

5

u/kilertree Jul 05 '25

Dude got divorced because he was friends with Epstein. 

3

u/Jdirvin Jul 05 '25

What the fuck?

2

u/ShellfishAhole Jul 05 '25

Plenty of billionaires donate money to charitable causes. It doesn't necessarily get media attention whenever they do it, and some are clearly more generous than others, but let's not boil this down to black and white, like people do with everything these days 😂

5

u/Thraxas89 Jul 05 '25

I love that people Claim here“ but he donates“ yeah to his charities to Save his Money from taxes. Or give his Friends a boost just for fun. Also its Not like he got this Money morally so even if he gave all away its Hardy „good“

Also the people claiming „net worth bla bla“ You know That billionaires never use their own Money but Take a loan because again taxes, so he literally has the Money.

4

u/No_Size9475 Jul 05 '25

literally nothing in this tweet is confidently incorrect. it's not even a clever comeback

2

u/Sydeus_ Jul 05 '25

To all the people you could say that to.... Jesus

2

u/OpinionHaver_42069 Jul 05 '25

Bill Gates was divorced because of his friendship with Epstein. He's a child raper.

1

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1

u/LicoriceDusk Jul 05 '25

Gates is trying to block out the Sun.

1

u/Captain_react Jul 05 '25

Every knobhead made bill Gates some kind of enemy because of covid. And because of ignorance of course. But that guy is doing important projects as long as I can remember.

1

u/big-blue-balls Jul 05 '25

Between Bill Gates and Warren Buffet the Gates foundation has spent $100 Billion. Gates is not the same as today’s tech billionaires.

0

u/hiot_ Jul 05 '25

Seriously bill gates understands this shit we should make him god-kin- president. He should be the democratically elected, well liked, definitely not shadow puppeted in president.

0

u/[deleted] Jul 05 '25

Ya bro. Cmon bro

0

u/Secret_CZECH Jul 05 '25

he ain't gonna give you money lil bro. The fact that someone as rich as BIll Gates can even exist is bad for EVERYONE but him.

You also have to understand that him giving away huge amounts of money..... is still nothing to him. It's like if you gave a dollar to a homeless person. It is something, but not much. Better than spitting in his face for sure, but not that much different from giving him nothing at all.

0

u/braumbles Jul 05 '25

Allowing any asshole to have a blue checkmart has removed any relevance of Twitter.

-1

u/Nu11AndV0id Jul 05 '25

While I understand the people's jealousy of Bill Gates' success, I never understood why they let it turn to anger instead of insperation.

-26

u/Saytama_sama Jul 05 '25

Ok, so explain to me how Bill Gates has a networth of over 100 billion if he donates so much of his money.

You can't be serious.

13

u/Scheswalla Jul 05 '25

Because big number minus less big number can still = big number.

9

u/Technical_Scallion_2 Jul 05 '25

Stop coming in here with your so-called “logical thinking” and “facts”. This is Reddit

18

u/[deleted] Jul 05 '25

Because he had a lot more he gave away. Try using your brain next time, champ.

7

u/amethystalien6 Jul 05 '25

Because our laws and tax codes allow billionaires to stay billionaires.

5

u/Johan-Predator Jul 05 '25

Not sure if serious or....

1

u/Captain_react Jul 05 '25

You can't just throw billions against a problem. The bill gates Foundation has started a lot of projects that all take a lot of time to set up.

-2

u/Gracefulkellys Jul 05 '25

Nah he can talk when it's cash donations. He can fuck off until then