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Bill Gates Plans To Donate His £70b Fortune To Foundation Rather Than His Children After Death

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Bill Gates said his three children understand why he has pledged to leave his £70billion fortune to charity when he dies.

In a revealing insight into his private life, the Microsoft founder, 60, said his children are ‘proud’ of his decision to dedicate his money to helping the world’s poorest.
Gates said that instead of billion-dollar trust funds, his two daughters and son will be given a ‘great education’ to help kick-start their own careers. 
But the business mogul did say there would still be a financial safety net in place, adding: ‘They are never going to be poorly off’.
Speaking on This Morning, Gates said: ‘Our kids will receive a great education and some money so they are never going to be poorly off but they’ll go out and have their own career. 
It’s not a favour to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path.’ 
Gates and his wife Melinda, 52, have three children together, Jennifer, 20, Rory, 17, and Phoebe, 14.
Source: Daily Mail 

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