Bill Gates announced he plans to give away “virtually all” of his wealth–around $200 billion–over the next 20 years in “the “largest philanthropic commitment in modern history.” He says the Gates Foundation will shut its doors on December 31, 2045.
To most people, that sounds like extraordinary generosity. But this isn’t about giving. It’s about control. Gates retains control of narratives, systems, and people.
The money will flow, but who decides what gets funded? Who decides what “health” means? Or how “resilience” is defined? Not the people directly affected. Until the very last dollar is gone and the foundation is shuttered, twenty years from now, Bill Gates still gets to decide.
Power Disguised as Benevolence
This is how the domination hierarchy keeps itself alive: concentrate unimaginable wealth through monopolies and exploitation, call it innovation; rebrand it as humanitarian, and receive praise for “generosity,” as it shapes global systems from a boardroom. All with a vast fortune that never should have been concentrated in the first place.
Gates’ philanthropy is just a continuation of the same logic that made him a billionaire: centralize control, engineer solutions from the top down, and ignore the people at the bottom, except as metrics.
Public health isn’t democratic when one man funds it. Food sovereignty doesn’t exist when billionaires decide what farmers grow. Education isn’t liberating when it’s designed to fit the elites’ worldview. This is colonialism as a TED Talk.
We Don’t Need a Savior. We Need a System Change.
The real issue is the structure that allows someone to hoard $200 billion while millions suffer, and then frame it as generosity when he starts handing it out. We don’t need billionaires to “give it all away” on their timeline.We need:
- To tax that wealth before it accumulates. No 20-year PR runway.
- To fund public goods publicly, through systems that reflect collective needs and democratic values.
- To dismantle concentrated wealth and power, not celebrate it for deciding to self-destruct.
- To return decision-making to the people living the realities that philanthropy claims to fix.
As long as billionaires decide what counts as “progress,” we will never have justice.
Bill Gates may be giving away his money. But he’s keeping the most important thing: the power to decide how the world works, until the very end. That’s not generosity. That’s end-stage domination disguised as legacy. Let’s stop applauding it.
