Tech billionaire Bill Gates says that being rich makes him happier

In a Reddit AMA from 2019, when asked if he made a billionaire happier than if he had been the middle class, Gates replied: “Yes”.

“I don't have to think about health costs or college costs. It's a real blessing.”

He made it clear that extreme assets were not necessary to reach peace of mind. “Of course you don't need a billion to get to this point,” he added. He said the real advantage of assets was not the number of commas in net assets, but the freedom of financial concern.

“We have to reduce cost growth in these areas so that they are accessible to everyone,” he added. His comments match the philosophy of his ex-wife Melinda French Gates, who said The New York Times In an interview from 2024 that they imposed their three children with modesty and financial discipline.

Gates also noticed that other sources of happiness be for him to stay active and to see his children thrive. “When I stay in shape, I am helping myself to stay calm and be happier,” he said.

Although Gates enjoys the comfort of great wealth and a spacious property, he has undertaken to give away most of his assets. He was a co -founder of the Giving Pledge with Warren Buffett and asked the billionaires to donate at least half of their assets for charitable purposes.

In 2000 he and Melinda founded the Bill and Melinda Gates Foundation, which became the world's largest private philanthropic organization.

After its divorce of 2021, the foundation was renamed Gates Foundation, with Gates as the sole chair. He donated over 59 billion US dollars to the foundation, including a gift of 20 billion US dollars in 2022. Most contributions were in Microsoft shares. Forbes.