Microsoft.com said:REDMOND, Wash. — June 15, 2006 — Microsoft Corp. today announced that effective July 2008 Bill Gates, chairman, will transition out of a day-to-day role in the company to spend more time on his global health and education work at the Bill & Melinda Gates Foundation. The company announced a two-year transition process to ensure that there is a smooth and orderly transfer of Gates’ daily responsibilities, and said that after July 2008 Gates would continue to serve as the company’s chairman and an advisor on key development projects.
was on new about him giving assets or something idkCmdrFly said:He didn't quit.
He's simply stepping down as Chairman and Chief Software Architect. I couldnt find any info on the donation you say he gave, but it does say their charity fund's assets are 29.1 bil.
Myrrh said:Wouldn't it make more sense to spread that money around all the different charities out there instead of just one?
crookedmidget said:It depends on the intent of the gift. Many charaties come with strings attached. You need to spend it in certain ways, on certain things. If someone gives lots of money, often times you're encouraged to buy what you need from "preferred" sources.