The voluntary group now includes more than 200 families and individuals from more than 20 countries. In 2010, Bill and Melinda Gates, alongside billionaire investor Warren Buffett, founded the “Giving Pledge,” a movement encouraging other billionaires to donate most of their wealth to charity either during their lifetimes or after their deaths. In March 2020, Gates stepped down from Microsoft’s board, though he maintains about 1.3% of shares in the company. Gates stepped down as Microsoft CEO in January 2000, shifting his attention to philanthropy and other assorted projects. The company, which was a key player in the personal computer revolution in the 1990s, eventually became a corporate behemoth, and Gates became a household name as a tech titan and business magnate. Bill Gates, philanthropistīill Gates, who has been one of the wealthiest men in the world for decades, made his fortune as the co-founder of Microsoft. Misinformation and conspiracy theories are dangerous for everyone. More: Bill Gates is not secretly plotting microchips in a coronavirus vaccine. He has given more than $50 billion to charity since 1994. However, his wealth has grown even faster than he has donated money.Īs of June 2020, Gates’ net worth was estimated at roughly than $110 billion, according to Forbes. Gates is a noted philanthropist and has pledged a significant amount of money to research and charitable causes during the coronavirus pandemic. The post, which has garnered 36,000 shares and 20,000 comments, criticizes conspiracy theorists in harsh terms for their claims, asserting that Gates has "arguably" done “more to better life on earth for humanity than any other human being to ever live.” One viral post imagines Gates’ view of the current conspiracies, writing that the billionaire has spent “30 years" of his life and "$50 billion" of his net worth "supporting humanitarian causes.” While the tech billionaire remains the target of scorn and suspicion online, others defend Gates, citing his history of charitable contributions. The claim: Bill Gates has given over $50 billion to charityīill Gates is a consistent target of conspiracy theories, many becoming especially heightened amid the coronavirus pandemic. The Dunning-Kruger Times is under the umbrella of America's Last Line of Defense, a network of content that's described on the Times' website as containing "parody, satire, and tomfoolery."Īny users who continued to read the article to the end would have found that it poked fun at readers who believed the story was true.įor further reading, the article's mention of entertainment icon Oprah Winfrey and actor The Rock creating their People's Fund of Maui was a subject we previously reported about as being rife with misinformation.įor background, here is why we sometimes write about satire/humor.Watch Video: Microsoft founder Bill Gates steps down from board of directorsĬorrections & clarifications: This story has been updated to reflect Melinda Gates also founded the "Giving Pledge" and to clarify the terms of the pledge. However, this item about Gates and the Maui fires was not a factual recounting of real-life events. Gates says he's hoping to grab enough parcels to have the southern end of Lahaina rezoned commercial so he can put a "global facility" in Hawaii that will "spread Microsoft and Gates Foundation services to the far east." In other words…China. The story said that Gates was purportedly targeting affected areas in Lahaina to execute his plans:įirst, there was Oprah and The Rock and their obvious ploy to shoulder the general public with the burden of helping people while they head off to find new prime land with nothing but what used to be a home or business on it.Īccording to reports, Bill Gates is in on the action, buying "hundreds of burnt-out houses at pennies on the dollar." The headline read, "Bill Gates is Buying Hundreds of Burned Up Lots in Maui for 'Pennies on the Dollar.'" 6, 2023, The Dunning-Kruger Times website published an article that said Microsoft Co-Founder Bill Gates was spending "pennies on the dollar" to buy up lots scorched by the August 2023 Maui wildfires in Hawaii, a tragedy that quickly became the deadliest U.S.
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