ilolvu t1_ittiknz wrote on October 26, 2022 at 4:54 AM

Reply to comment by Tinac4 in Peter Singer Is the Philosopher of the Status Quo by TuvixWasMurderedR1P

>it's not really Gates' money anymore, and there are rules regarding what he can do with it.

It's 100% still his money. He controls what is done with it.

Tinac4 t1_ittmfx9 wrote on October 26, 2022 at 5:38 AM

I don’t think that’s quite right. Gates does control the Foundation, but as a nonprofit, he can’t just spend its money on anything he wants—I’m pretty sure that it does have to get spent on charity in some way instead of yachts or mansions. (I’d like a source if you disagree.)