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“We’re honored to have been named, together with our friend Bono, as Time Magazine’s Persons of the Year.
“We’re grateful that Time recognizes the importance of the world's inequities, whether they are in the United States or thousands of miles away. We are also pleased by Time's recognition that we can solve these problems and that many people must play a part in doing so.
“In recent years, our foundation has worked with organizations, governments, grantees, and committed individuals in the United States and around the world. We have great admiration for the determined and often anonymous people who work every day to make the world a better place, whether they are principals improving inner city schools in New York or scientists testing potential life-saving vaccines in Mozambique. The people we’ve met have inspired us and refueled our optimism many times over.
And good for Bill Gates Senior, who has set a fine example for his son.
Time seems to have changed the nature of the yearly cover. It never used to be an award, Hitler and the Ayatollah Khomeini have been featured in the past--it was not an "award."
[edited by: andrea99 at 7:00 pm (utc) on Dec. 19, 2005]
I second that, the guy walks the walk, and so does his lovely wife. Makes buying your expensive software less painful when I know a sizable chunk of the profit goes to those less fortunate than I.
Plus.... Cheers to Bono too. You rock and your current tour is a must see, enjoyed every minute (my ears just stopped ringing after two months).
The dumbest choice they ever made was Peter Ueberoth (spelling maybe). Many who read this post will say "Peter Who". Well he was able to turn a profit with the LA olympics, the world will never forget.
From all I have read it seems to me that the money the Gates spend is particularly well targetted and totally accounted for. Good for them.
...a sizable chunk of the profit...
Gates Foundation Contributions, cy 2004
$711,453,000 (KMPG LLP report)
Microsoft Corp. Net Income fy ending June '05
$12,254,000,000 (Yahoo! Finance)
Gates Foundation Contributions
Microsoft Corp. Net Income
Aren't you comparing apples and oranges?