Quote 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.

A first-generation fortune is the most likely to be given aw

Summary

This quote suggests that individuals who have worked hard to build their own wealth or fortune from scratch are more inclined to give back to society through philanthropic efforts. However, once that fortune is passed down to subsequent generations, the likelihood of a significant portion being contributed back to society becomes lower. This implies that the sense of responsibility or willingness to give back may decrease as wealth is inherited rather than personally earned.

Topics

Society

By Bill Gates

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