Bill Gates intends to leave less than 1% of his fortune to his three children, valuing their upbringing and independence over a vast inheritance. Discussing this on Raj Shamani's podcast, Gates clarified that he believes providing insufficient motivation to maintain a family dynasty benefits their personal growth. Despite the substantial monetary value of 1% equating to around $1.52 billion each, Gates aims to foster self-reliance and personal accomplishment rather than expectations tied to wealth or legacy, although specifics on how the wealth will be distributed remain unclear.
"Everybody gets to decide on that. In my case, my kids got a great upbringing and education but less than 1% of the total wealth."
"I decided it wouldn't be a favor to them [to leave them more]. It's not a dynasty. I'm not asking them to run Microsoft."
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