Quotation by

Bill Gates

A first-generation fortune is the most likely to be given away, but once a fortune is inherited it's less likely that a very high percentage will go back to society.

Advertisement

Understanding this quote AI Analysis

People who earn their own wealth for the first time are more willing to donate a large portion of it to help others. However, when money is passed down through inheritance, those heirs tend to give away a smaller share of that fortune to society.

More by this author

All quotes by Bill Gates →

More quotes about Society

See all →
I want a society that provides decent jobs for those who can work and decent security for those can't.
That a society controls, to a greater or lesser extent, the behavior of its members is a universal but the methods, the particulars of that control, vary from one culture to another.

Advertisement

Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.
RFK was a compelling figure because he was willing to challenge his audiences, and in turn connect with them in a unique way. Kennedy showed that our values define us and can inspire others to believ…
I think human society for tens of thousands of years has sent young men out in small groups to do things that are necessary but very dangerous. And they've always gotten killed doing it. And they've …