Has Bill Gates, the sixth richest person in the world with a net worth of 163 billion dollars, do you think he is very rich?
Gates avoided answering “yes” or “no” to a September episode of the Netflix series “What's next? The future with Bill GatesInstead, he declared that it was “kind of wild” that billionaires even existed.
“It's a huge amount of wealth, which if you tried to consume it would be kind of absurd,” he said.
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In an episode of the podcast Continues with Kara Swisherwhich aired on Monday, Gates specified that he would create a different tax framework for the ultra-wealthy if he were in charge of tax policy and set the rate around 62%.
“I would put slightly higher tax rates on rich people,” he said in the episode, titled “How to Tax the Rich, AI, Misinformation and Elections.” He referred to Senator Bernie Sanders and said: “I'm not going to make it illegal to be a billionaire. (Bernie Sanders) would take away over 99% of what I have. I would take away 62% of what I have. So this it's a change”.
Bill Gates. Photo by Mike Lawrence/Getty Images
Gates is one of the co-founders of The Oath of Givingan organization started in 2010 to inspire billionaires to publicly commit to philanthropy. He donated 77.6 billion dollars so far through the Gates Foundation.
His ex-wife, Melinda French Gates, left the Bill & Melinda Gates Foundation in May and announced that she would be giving $1 billion for organizations fighting for women's rights.
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