Also click here
$51 Million grant from Gates Foundation to support small dynamic high schools to boost student achievement 17 Sept 2003
This has been known for a while now.
From an interview click here
PLAYBOY: Does your net worth of multi-billions, despite the fact that it's mostly in stock and the value varies daily, boggle your mind?
GATES: It's a ridiculous number. But remember, 95 percent of it I'm just going to give away. [Smiles] Don't tell people to write me letters. I'm saving that for when I'm in my 50s. It's a lot to give away and it's going to take time.
PLAYBOY: Where will you donate it?
GATES: To charitable things, scientific things. I don't believe in burdening any children I might have with that. They'll have enough. They'll be comfortable.
PLAYBOY: You'll give them only a billion, maybe?
GATES: No, no, are you kidding? Nothing like that. One percent of that.
PLAYBOY: But they'll grow up thinking, Gee, if Dad leaves me some of the money. . . .
GATES: I'll make it clear that it'll be a modest amount.
(Remember in the states a billion is 1000 million and not a million million so he might leave his kids about 10 million dollars)
Doubtless some people will knock him - the way of the world....
Those that don't want to help him line his pockets - don't then and stop moaning...