Bill and Melinda Gates have a plan for income inequality [View all]

[ND-Dem]

Bill and Melinda Gates, the undisputed heavyweights of philanthropy and ranked the wealthiest in the world, sat down with Yahoo Global News Anchor, Katie Couric, and addressed income inequality and other prevalent issues impacting people globally.

In response to Oxfam International's finding that “the richest one percent of people will own half of the world’s wealth by 2016,” Bill shared that he believes “philanthropy is part of how we deal with those inequities.” Melinda adds that “philanthropy can point the light on an issue that maybe isn’t being funded, or... take a risk that others won't take.” Using the example of philanthropists driving the charter school movement, Bill makes the point that often with less money than the public school nearby, they are having incredible success getting students into four-year colleges.

Bill and Melinda were visiting New York to release their 2015 Gates Annual Letter,which predicts “The lives of people in poor countries will improve faster in the next 15 years than at any other time in history.” The Gates Foundation, which was founded in 2000, has provided more than $30 billion in funding toward research and innovation in science, education, health, and technology and believes that breakthroughs in these areas will make a dramatic impact globally in the years to come. In addition to eliminating contaminated water and food, which claims 1.5 million children’s lives per year, Bill and Melinda promise unprecedented opportunities from the innovation in online education, mobile banking, vaccinations for diseases such as diarrhea and pneumonia, and farming techniques.

http://news.yahoo.com/katie-couric-interviews-bill-and-melinda-gates-040753364.html


I wonder why, despite Bill and Melinda's stated intention to give away all their wealth, it just keeps growing?