A Quote by Husnu Ozyegin
I'm giving away 2 percent of my net income every month. I don't think Bill Gates is doing that.
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I give away about 50 percent of my income, so my, you know, desire to give back to the country is pretty strong and I intend to give away a lot more. I've signed the giving pledge with Warren Buffett and Bill Gates, and I intend to give away the bulk of my money.
Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are doing.
The first of the month falls every month, too, North or South. And them white folks who sends bills never forgets to send them-the phone bill, the furniture bill, the water bill, the gas bill, insurance, house rent.
But for those who really want to make the world a better place, can we start looking at Bill Gates's path instead of Steve Jobs? I like my iPad, but Gates is one of the greatest heroes of our time. For me, that has nothing to do with Microsoft and everything to do with the Bill & Melinda Gates Foundation.
I look at Bill Clinton, the way I look at Bill Gates. As long as my Microsoft stock is going up, I don't care what Bill Gates does in the privacy of his own home.
At least once a year, I meet with a group called the Giving Pledge. It's a group of billionaires - including me, Warren Buffett, Bill Gates, and Ted Turner - who have pledged to give away most of their money to charity. We meet for three days to talk about what we're doing to help make the planet a better place to live.
Suggest your children try tithing - giving 10 percent of their allowance to a charity every month.
I think the wealthiest people in America are doing phenomenally well, 52 percent of all new income generated today goes to the top 1 percent.
We have been through a period where we see power leaching away from Washington. Who is more important in the world today: Bill Clinton or Bill Gates? I don't know.
I would like to share something that is being done extremely well by Bill Gates through the Bill & Melinda Gates Foundation. The foundation is only going to address areas which are seen by Bill or Melinda as ills of the world. The foundation has no perpetuity.
It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.
Is it just a coincidence that as the portion of our income spent on food has declined, spending on health care has soared? In 1960 Americans spent 17.5 percent of their income on food and 5.2 percent of national income on health care. Since then, those numbers have flipped: Spending on food has fallen to 9.9 percent, while spending on heath care has climbed to 16 percent of national income. I have to think that by spending a little more on healthier food we could reduce the amount we have to spend on heath care.
I think people like Bill Gates, who have given away enormous sums of money, are shining examples for all of us to follow.
If I was Bill Gates, I would double Bill Gates, you know what I mean? That's the mindstate you should keep in any profession, just keep striking iron and trying to get bigger and better.
Bill Gates wants people to think he's Edison, when he's really Rockefeller. Referring to Gates as the smartest man in America isn't right... wealth isn't the same thing as intelligence.
Bill Gates and Warren Buffett have their 'Giving Pledge,' where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better - to give money to good causes when you are alive. Besides, more Americans can participate.
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