One thing Microsoft founder Bill Gates
can’t be accused of is sloth. He was already programming at 14, founded
Microsoft at age 20 while still a student at Harvard. By 1995 he had
been listed by Forbes as the world’s richest man from being the largest
shareholder in his Microsoft, a company which his relentless drive built
into a de facto monopoly in software systems for personal computers.
In 2006 when most people in such a situation might think of retiring to a quiet Pacific island, Bill Gates decided to devote his energies to his Bill and Melinda Gates Foundation, the world’s largest ‘transparent’ private
foundation as it says, with a whopping $34.6 billion endowment and a
legal necessity to spend $1.5 billion a year on charitable projects
around the world to maintain its tax
free charitable status. A gift from friend and business associate,
mega-investor Warren Buffett in 2006, of some $30 billion worth of
shares in Buffet’s Berkshire Hathaway put the Gates’ foundation into the
league where it spends almost the amount of the entire annual budget of
the United Nations’ World Health Organization.
So when Bill Gates decides through the Gates
Foundation to invest some $30 million of their hard earned money in a
project, it is worth looking at.
No project is more interesting at the moment than a curious project in one of the world’s most remote spots, Svalbard. Bill Gates is investing millions in a seed bank on the Barents Sea... READ MORE: http://www.jbbardot.com/doomsday-seed-vault-in-the-arctic-bill-gates-rockefeller-and-gmo-giants-monsanto-syngenta-know-something-we-dont/
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