Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

There's no point in making comparisons like these. On the other hand it's interesting to compare some of the IT-made billionaires to the traditional billionaires. Bill Gates was not born into money* but ended up drowning in them. He probably sees both the diminishing marginal utility of exorbitant wealth and the tendency of profits to accumulate exponentially. As a nerd, he's probably unable to give into a lavish lifestyle anyway, so he does the best thing of giving back. He can hope to be remembered in history for that, because, after all, how many rich people made history just for being rich?

[*] he wasn't poor, probably more than middle class; in any case, there's no doubt he's self-made



>there's no doubt he's self-made

Sure, but a large part of the reason he was "self-made" was his mother's relationship to an IBM executive. I'm not so sure Bill Gates becomes the world's richest man if his mother was a teacher and his father was a plumber.


ahem, Bill Gates parents probably did not pay for Harvard with fake money


I'm not certain of this, but I don't think Harvard has always cost an arm, a leg, and twelve kidneys.


Ivy league schools are effectively free for people who are not rich through financial aid. Not sure that was true in 60s/70s.




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: