In a system of capitalism, as people's wealth rises, the financial incentive to serve them rises. As their wealth falls, the financial incentive to serve them falls, until it becomes zero. We have to find a way to make the... ...
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Contrary to Piketty’s rentier hypothesis, I don’t see anyone on the [Forbes 400 list of the wealthiest Americans] whose ancestors bought a great parcel of land in 1780 and have been accumulating family wealth by collecting rents ever since. In... ...
If I hadn't given my money away, I'd have had more than anyone else on the planet.
I was announcing to the public, in 2006, that I'd be leaving Microsoft in a couple of years and focusing full-time on the foundation. That was the time at which we went back to New York and Warren [Buffett] announced... ...
(On being the world's richest man) I wish I wasn't ... There's nothing good that comes out of that. You get more visibility as a result of it.
Rich countries can afford to overpay for things.
I realized about 10 years ago that my wealth has to go back to society. A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them.
My parents are very successful, and I went to the nicest private school in the Seattle area. I was lucky. But I never had any trust funds of any kind, though my dad did pay my tuition at Harvard, which... ...
I definitely think leaving kids massive amounts of money is not a favor to them.
I have a nice office. I have a nice house... So I'm not denying myself some great things. I just don't happen to have expensive hobbies.