Bill Gates only leave his kids $10 million each with the rest of his near $200b fortune given to fund "charities"
Bill Gates, who has a net worth of $133.8 billion, as reported by Parade, is not planning to turn over his massive fortune to his kids, Jennifer, Rory and Phoebe. The business mogul recently explained that his children will be given every opportunity to get an education, but they will not be left to live off a hefty inheritance.
“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,” he said to “This Morning.” “It’s not a favor to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path.”
>After passing on a small amount of money to their offspring, Gates and his ex-wife Melinda will give the rest of their fortune to their charity, the Bill and Melinda Gates Foundation, which funds health and education projects around the world.>https://www.gobankingrates.com/net-worth/business-people/bill-gates-rich-people-wont-leave-money-kids/