If your dad is Bill Gates, you’re probably not getting a Starbucks gift card for graduating college.

In 2018, Jennifer Gates walked off the Stanford stage and onto a 124-acre, $15.82 million horse farm in North Salem, New York. According to Architectural Digest, the lavish estate was a graduation gift from her billionaire parents—and came complete with rolling pastures, three parcels of land, and proximity to New York City for her future studies.

But in case that sounds too much like the plot of “Succession: Equestrian Edition,” Melinda Gates would like to remind everyone: their kids were absolutely raised “middle class.”

  • Krono@lemmy.today
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    29 days ago

    leaving $10m to each child, with plans to donate everything else

    The plans were to donate everything else to a tax-advantaged “charity” in which the Gates family retains complete financial control.

    This is not philanthropy. It is tax avoidance, greenwashing, and a public relations campaign.