NEWS > BUSINESS > BILL GATES SAYS THAT BEING A BILLIONAIRE ISN’T ALL IT’S CRACKED UP TO BE
BILL GATES SAYS THAT BEING A BILLIONAIRE ISN’T ALL IT’S CRACKED UP TO BE
October 29 2011
Seattle, WA – There was no way, no way at all to predict what kind of success would come to Bill Gates in those early garage days. The work he began in those nascent, no-doubt heady days has revolutionized the world and changed the course of human history forever. Other people may have been able to do what he did eventually, but he did it and he has been rewarded on a scale commiserate with that kind of world changing value.
Gates, of course, is one of the wealthiest people on the planet. Number two to be exact. In fact Gates has never been out of the top two in more than a decade. Despite the advances of newer technologies and finding themselves behind the eight ball in a lot of fields, Microsoft has managed to remain immensely profitable and the man at the top has continued to benefit from that.
Unlike many other billionaires, though, Gates doesn’t simply hoard his cash. He has become a standard bearer for altruism amongst the very wealthy by spending billions every year to help people around the world. Part of that is his person, no doubt, but part of that is because he can. Unlike many people, Gates has a lot of money to spare, a lot, but despite what people think it’s really not a great as they might think, at least according to the man himself.
“I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it’s the same hamburger. Dick’s has not raised their prices enough,” said Gates during a conference at the University of Washington.
Dick’s is a local fast food chain Washington State. The Deluxe Burger runs $2.70.
Gates reportedly eats at the restaurant at least once a month, though he doesn’t visit himself sending a team of assistants to gather his order.
“It’s easy to understand what he’s saying. Eventually one has to get to the point where money just isn’t really relevant, where it comes in faster than you can spend it. It has to reach a threshold when you have bought everything you could possibly want and the money is still flowing in, meaning there isn’t any real tangible difference between $10 billion and $50 billion,” said Scrape TV Business analyst Ken Green. “It’s not a bad problem to have, mind you, but what he’s saying does make some sense. Billions are just billions, there is no division between them.”
Gates has run consistently as the second richest man in the world to Mexican businessman Carlos Slim. Both have insisted there is really no difference between them.
“There aren’t really any sound arguments a person can make that would justify saying that Bill Gates doesn’t deserve the money he has made. His impact on the world has more than earned him those dollars and it’s good to know that it doesn’t even really matter to him how much he has anymore,” continued Green. “The worst thing that could have happened to him would have been to have become greed, to accumulate for the sake of accumulating. That would have been sad but luckily he just doesn’t care about money all that much. That has freed him up to be a great person, or at least try to be.”
Gates later dined at an exclusive Seattle-area restaurant, eating off dinner plate sized diamonds.
William Ashford, Business Correspondent