Gates has dubbed his foundation’s operational philosophy “philanthrocapitalism.” Here is a stripped-down explanation of how philanthrocapitalism functions: Bill and Melinda Gates donated $36 billion of Microsoft stock to the BMGF between 1994 and 2020.64 Very early on, Gates created a separate entity, Bill Gates Investments (BGI), which manages his personal wealth and his foundation’s corpus. Renamed BMGI in January 2015 to include Melinda,65 the company predominantly invests that loot in multinational food, agriculture, pharmaceutical, energy, telecom, and tech companies with global
...more
This highlight has been truncated due to consecutive passage length restrictions.

