|Bill Gates with Mohammad Azzam of Project Horizon|
January 27, 2012
Flickr: Imagine Cup
I'm not precisely sure about the methodologies of Forbes.com regarding their estimations of Mr. Gates personal fortune. Current estimates peg the number at $61 Billion, however there has to be some change in it for William Henry Gates III has donated over half of that for the past years after he has relinquished his role as CEO of Microsoft Corporation.
Moreover, the economic crisis of this present day doesn't seem to be affecting our philanthropic billionaire as his net worth (or at least as it is estimated by Forbes.com) is still steadily increasing over the years.
The one thing that I like about Mr. Gates though is that he is a man of action and is not one to retire away in some island, sipping pina colada while the rest of the world suffers. He's still innovating solutions, not just in the field that he has chosen, but also in health, education and energy. That is clearly evident in the work done by his Bill and Melinda Gates foundation.
Clearly this is a man who doesn't want to be remembered just for making computers available to every home in the world, but as a man who has dedicated his personal fortune for the betterment of humanity.
Mr. Gates' Take on the Economic Depression
Perhaps among the many billionaires in this planet, Mr. Gates, along with Warren Buffett are the ones who are heading the charge when it comes to convincing billionaires to make the world a better place. Their collaborative project, the Giving Pledge project, a remarkable endeavor that has attracted the likes of Mark Zuckerberg, Ted Turner, David Rockefeller, Elon Musk, Dustin Moskovitz, George Lucas, Larry Ellison and last but not the least the affable, Warren Buffett.
Their strategy is noteworthy and admirable - give money to the people who are doing genuine good work in the world. This includes health workers in Africa, medical researchers in universities, inventors, innovators and people with the dream of making the world a better place.
Their strategy of alleviating the problems of the third world nations is laudable and is the first great endeavor that the world has seen of its kind.
Simplified, it is this:
- Better health care for the poorest of the poor
- Improved education for the middle class
- Fund the innovations of visionaries
- Tax the super rich more
The world couldn't care less whether Bill Gates' net worth reaches $61 Billion dollars or even $1 Trillion dollars. The true value of this important figure could be found in the dusty and dry streets of Africa, the small farmers in Southeast Asia and Uganda, the medical researcher in universities, in the expensive halls of billionaires who suddenly found their soul and in a new world that values a person's worth by how much he has given to society at large.
That is the true net worth of Mr. Gates in 2012, that is his legacy.
The Gates Foundation Flickr Stream
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