Gates, The Most Famous Self Made Billionaire Of His Time, And Global Poverty

Bill and Melinda Gates during their visit to the Oslo Opera House in June 2009. (Photo credit: Wikipedia)

Gates has shamelessly cashed on his status as the most famous self made billionaire of his time to shove his hat in the laps of other billionaires and ask for money, not just some money, but most of their money. The ROI of the Gates Foundation is astounding, to put it mildly.

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Gates Live

Watch the full Bill Gates keynote from Microsoft Research Faculty Summit 2013

100 billionaires have signed the foundation’s “giving pledge,” promising to give away most of their wealth. ...... As for how governments help, the bulk of the money flowing to the world’s poorest countries comes from foreign aid budget ..... A researcher from London asked Gates if he thought about unintended consequences. Killing billions of mosquitos might prevent the spread of disease, for example, but there could be unintended consequences on the food chain. ... “I’m always glad there are people around to dampen my enthusiasm,” quipped Gates, who said he tends to focus on the good. He then said there are serious issues raised by the work of scientists and researchers. Bioterrorism is a real threat. Privacy is always a concern in an online, digital world...... “If you go out to the developed world and see kids dying of malaria, or see a woman who can send her kids to school because she has better crops, it’s hard to feel too bad about the general arc. Because I see how innovations can help, I mostly see the positive. But we should be aware of the negatives and how to mitigate them.”

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You Don't Need Billions To Take Care Of Your Family

Image via CrunchBaseThis news is heart warming to me. Now I wish a 200 billion dollar valuation upon Facebook. Zuck just warmed up my heart. If you think how minuscule the UN's budget is, this effort by the two mega billionaires Gates and Buffett stands out. And, believe me, money is the smaller part of the message, big as it is. The bigger part of the message is the gesture itself. This sends a loud message to the people in dire need, the people who are working to help them, and people who need to help them but are not. Poverty is truly an artificial thing. It can be made to go away. It doesn't take much. And it all starts with caring. Once you decide you care, things start to happen.