Word: gateses
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Well, one wrong thing is that Uncle Steve's 20% fee gets a huge tax break. It is considered a capital gain rather than ordinary income, so it is taxed at 15% rather than 35%. There is no conceivable justification for this loophole. No one who benefits from it could...
The circumstances of his departure from Harvard have long been a point of contention. Gates was disciplined by the Ad Board for conducting commercial business on the University’s computers, but he maintains that he left voluntarily in 1975 because, “I wasn’t...
Gates wasn’t available for an interview yesterday, and a spokesman for Microsoft said he didn’t have information on Gates’ time at Harvard.
Gates is a major donor to the University. In 1996, he and Ballmer contributed $25 million to construct the computer-science building Maxwell Dworkin, which bears their mothers’ maiden names.
The Gates Foundation, which primarily funds health and anti-poverty programs in the developing world, boasts an endowment of $33 billion. Harvard researchers are a frequent recipient of the foundation’s grants.