Bill Gates recently shared with Indian podcaster Raj Shamani that when he passes, his three children — Jennifer Gates, 28, Rory Gates, 25, and Phoebe Gates, 22 — will inherit “less than 1 percent” of his vast fortune.
With a net worth of $101.2 billion, according to Forbes, that still means the children will receive a sum of over $1 billion, even at less than 1 percent.
The subject arose when Shamani discussed the common belief among many Indian parents that they should “save everything for their kids” rather than donate their wealth to charity or the less fortunate.
Gates, 69, is well-known for founding the Bill and Melinda Gates Foundation, the largest private charitable foundation in the world, with his former wife, Melinda Gates, in 2000.
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