New, New, New ~ The Burnett Ontological Argument ~ New, New , New
Proverbs 13:22 ~ A good [man] leaveth an inheritance to his children's children: and the wealth of the sinner [is] laid up for the just.
As a Christian, Wealth Transfer Strategist and provider of financial services I have often heard that the wealthiest agnostics in the country are giving away their fortunes but not to their families. Surprisingly, both the Gate's and the Buffet's children will continue to be wealthy and live from the wealth accumulated by Bill and Warren for generations to come.
Myth: Bill Gates & Warren Buffet aren't giving any of their money to their children. This is FALSE.
As a financial advisor, I can do nothing but applaud the financial and business acumen and moves that these wealthy individuals have made and will make to assure that the money they have earned continues to impact the world according to their plans even after their death. I will conclude this article by sharing their strategy with you and briefly explaining why they are using this particular strategy and it's financial impacts and results in favor of their family. I will also encourage you to do similar plans and take similar steps in securing the financial future of both your family, community and ministry. First let's take a brief look at the individuals involved:
The World's 2 Most Wealthy Men
Bill Gates: Estimated Salary $902,000 plus dividend income $175.6 Million, Net worth 2010 estimated at $50,000,000,000 United States dollars. Belief system: Agnostic/ Humanist Believes in biblical style encouragements for morality has no need for the church under the current context.
How The Gates Financial Fortune Is Handled:
"Bill Gates: Well, the first thing was the decision that it probably wouldn't be good for my kids, for it to go to them, and so then the question of--
G. Stephanopoulos: Will they get nothing?
Gates: They'll get something, but not a substantial percentage. Then, the question is how to give it back to society to have the best impact. And so my wife Melinda and I talked about what was the focus in the United States that we think could have the biggest impact? And then we picked education and scholarships. And then on a global basis, what was the greatest inequity? And as we learned about these health issues, we realized that that's where you can make a huge change and that has such a positive effect on all the other things. ~ 'Why Bill Gates Is Giving Away His Fortune' 11/2005 ABC News This Week
Gifts:
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