As people in Tech industry we should be very proud of Bill Gates and what he has done with Microsoft and his charity work. A lot of people totally miss the point when they say "hey anybody could do all that if they have enough money". That is simply not true. Charity is not just about throwing money at poor, it is a far more difficult job than say building a company. Working for profit is simpler where clear regulati…
That is simply not true. Charity is not just about throwing money at poor This is an important and underappreciated point. Ken Stern makes it in his book With Charity For All , which I wrote more about here: http://blog.seliger.com/2013/06/02/with-charity-for-all-ken-... . In essence, we spend a lot of money on various charitable efforts without knowing what those efforts are really doing. Foreign aid is probably the…
May be because most of that money is spent on 'management expenses'.