Comment on Malaria
hemko@lemmy.dbzer0.com 6 months agoSome people would say that he has given negative 130 billion, or whatever his net worth is right now
Comment on Malaria
hemko@lemmy.dbzer0.com 6 months agoSome people would say that he has given negative 130 billion, or whatever his net worth is right now
FiniteBanjo@lemmy.today 6 months ago
I would pay 130 billion to save 122 Million lives. That’s only 1066 USD per life saved. You must be greedy af if you think that’s a bad deal.
That’s not how stocks work. He hasn’t taken 130 Bn USD. Most of his 129.2 Bn net worth is unrealized gains in the form of shares of companies such as Microsoft, meaning when or if it ever becomes income he will likely donate that as well, in fact he has promised to do so on many occasions. To date, Bill has donated 59 Bn USD to charities, the vast majority of his income.
hemko@lemmy.dbzer0.com 6 months ago
Okay I take that as you did not read the article, but only the misleading title, if you claim that Bill and Melinda saved 122m infants…
The article says that infant deaths (0-5yo) have halved from 1990 to 2015. From 1990 to 2000 the number already gone from 12 million down to around 9.5 million yearly. This is when Bill and Melinda Foundation was founded and they started pouring money on vaccinations which is good of course.
So yes, they’ve certainly done a part in reducing infant death rates, they’re only a small part of it. And most of the money invested wasn’t even theirs, but donation from Warren Buffet who actually donated away most of his wealth.