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Old 07-22-2014, 12:35 PM   #1561 (permalink)
bjjs
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Hoffman isn’t the only wealthy individual to worry about his children becoming spoiled by an inherited fortune. Bill and Melinda Gates are worth an estimated $76 billion (makes Hoffman look poor) and the power couple is supposedly planning to give each of their three children $10 million. In an interview at the March 2014 Ted Conference, Gates said, “They need to have a sense that their own work is meaningful and important,” Bill said. “You’ve got to make sure they have a sense of their own ability and what they’re going to go and do.”
I think this provides some perspective of what $10MM makes somebody in the business world; a small fish.

Last edited by LX; 07-22-2014 at 01:35 PM. Reason: Fixed formatting
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