ULTRA-FORCE BILL GATES SMOKING THE COMPETITION
Since 2007, Bill Gates has given away $28B, 48% of his net worth. Frugal Dad estimates that he’s saved almost 6 million lives. I haven’t double-checked his sources, but it’s a plausible estimate.
Back in the nineties, Bill Gates was experiencing far less favorable publicity - and legal persecution. The U.S. government sued Microsoft for antitrust violations. In 2000, Alex Tabarrok estimated that the antitrust case had cost Microsoft shareholders $140B. Yes, Microsoft ultimately reached a relatively favorable settlement. But Gates probably would have been billions richer if antitrust laws didn’t exist.
You might say, “Who cares? He can afford it.” But hold on. We’re talking about a great philanthropist. If Bill Gates were $5B richer, he almost certainly would have increased his charitable giving. A conservative assumption is that he would have stuck with his current ratio, giving away 48% of the extra $5B. (…) If Gates’ philanthropy is as efficacious as most people think, there’s a shocking implication: The antitrust case against Microsoft had a massive body count.
