Bill Gates' Inheritance

Bill Gates' Inheritance


Bill Gates' children will only inherit US$10 million each, out of his net worth.


share Share

On December 9, 2010, Bill and Melinda Gates and investor Warren Buffett each signed a commitment they called the "Giving Pledge", which is a commitment by all three to donate at least half of their wealth, over the course of time, to charity.

Gates has also provided personal donations to educational institutions. In 1999, Gates donated $20 million to the Massachusetts Institute of Technology for the construction of a computer laboratory named the "William H. Gates Building" that was designed by architect Frank Gehry. While Microsoft had previously given financial support to the institution, this was the first personal donation received from Gates.

The Maxwell Dworkin Laboratory of the Harvard John A. Paulson School of Engineering and Applied Sciences is named after the mothers of both Gates and Microsoft President Steven A. Ballmer, both of whom were students (Ballmer was a member of the School's graduating class of 1977, while Gates left his studies for Microsoft), and donated funds for the laboratory's construction. Gates also donated $6 million to the construction of the Gates Computer Science Building, completed in January 1996, on the campus of Stanford University. The building contains the Computer Science Department and the Computer Systems Laboratory (CSL) of Stanford's Engineering department.

Since 2005, Gates and his foundation have taken an interest in solving global sanitation problems. For example, they announced the "Reinvent the Toilet Challenge", which has received considerable media interest. To raise awareness for the topic of sanitation and possible solutions, Gates drank water that was "produced from human feces" in 2014 – in fact it was produced from a sewage sludge treatment process called the Omni Processor. In early 2015, he also appeared with Jimmy Fallon on The Tonight Show and challenged him to see if he could taste the difference between this reclaimed water or bottled water.

In November 2017, Gates said he would give $50 million to the Dementia Discovery Fund, a venture capital that seeks treatment for Alzheimer's disease. He also pledged an additional $50 million to start-up ventures working in Alzheimer's research. Bill and Melinda Gates have said that they intend to leave their three children $10 million each as their inheritance. With only $30 million kept in the family, they are expected to give away about 99.96% of their wealth.


William Shockley

William Shockley, who won the 1956 Nobel in physics for inventing the transistor, was excluded as a child from a long-term study of genius because of his I.Q. the score wasn't high enough.

Read More
Frida Kahlo

Frida Kahlo spent much of her life in bed suffering from severe pain. Even so, she became one of the most famous artists of all time and an icon of the twentieth century.

Read More
Beethoven's Greatest Works

By 1820, when he was almost deaf, Beethoven composed his greatest works.

Read More
John Nash

John Nash, an American mathematician whose life, marked by acute paranoid schizophrenia, fought against his disease and developed a successful academic career that earned him the Nobel Prize in Economics in 1994.

Read More