- Microsoft founder, Bill Gates, has admitted that no one deserves to have his level of wealth
- The 63-year-old’s fortune is estimated to be worth $96.5 billion
- He currently donates a fortune through his foundation but plans to also donate most of his wealth to charity upon his death
Microsoft founder, Bill Gates, made some eye-opening admissions on Tuesday as he revealed to have paid too little in taxes.
The 63-year-old is said to have amassed a staggering fortune worth $96.5 billion and feels that he should have been taxed more.
Speaking to the Daily Mail, he said, “I have paid more than $10 billion in taxes but I should have paid more. I more than followed the law but I think things should be more progressive.”
Gates became an IT guru and billionaire after founding Microsoft in 1975.
He is one of a select few billionaires who have vowed to donate their fortunes to charity at the time of their demise.
He and his wife, Melinda, have been running the Bill & Melinda Gates Foundation, which helps impoverished countries to combat disease and poverty.
The foundation was inspired when the couple read about the high number of children dying from diarrhoea in various poor countries.
The Gates’ publish an annual letter where their global concerns are highlighted.
He feels that health schemes are under threat now as wealthy nations look to turn inwards and isolate themselves from those poverty-stricken countries.
The couple also called for greater action in reducing carbon emissions in their letter.
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