logo

Wake up daily to our latest coverage of business done better, directly in your inbox.

logo

Get your weekly dose of analysis on rising corporate activism.

logo

The best of solutions journalism in the sustainability space, published monthly.

Select Newsletter

By signing up you agree to our privacy policy. You can opt out anytime.

RP Siegel headshot

Is Bill Gates Really Batman?

By RP Siegel

It was Jon Stewart that first made the reference. He called Bill Gates “Batman” to his face on his TV show. Why Batman?

I think he probably meant Bruce Wayne, Batman’s civilian identity: the eccentric millionaire industrialist, who is also a philanthropist, sworn to do good and serve a greater ideal of justice. Of course, the big-hearted Mr. Wayne dons his cape and mask to perform his good deeds as Batman, supported by his lavish budget and high tech tools that he himself has created for the purpose.

Is this perhaps a new vision of an “Action Hero,” where the very idea of action is transformed from the mastery of  violence that is currently glorified in comic books and video games to a new type of technologically informed social and political action marked by non-violence and compassion?

This is a bit far fetched perhaps, but a lighthearted piece in Frugal Dad takes the idea out for a spin, suggesting that perhaps Bill Gates is better than a real world Batman, despite the fact that Batman locks up all those bad guys. The piece has a great infographic and is definitely worth checking out.

So what exactly has Bill gates done to deserve to be considered such a hero besides making a ton of money?

Well, for starters, he’s already given close to half (48%) of that money, some $28 billion away. But he’s not only generous. He’s also smart. He’s made sure that the money was used effectively enough to save 5,812,000 lives, so far. That’s roughly equivalent to the combined population of Los Angeles and Houston, the second and fourth largest cities in the US.

Most of that has been as the result of better healthcare to children internationally, where:


  • 3.4 million have been saved from Hepatitis B

  • 1.2 million saved from measles

  • 0.56 million saved from HIB bacteria

  • 0.47 saved from whooping cough

  • 0.14 saved from yellow fever.

 

He is also closing in on the goal of total eradication of polio, where his foundation’s donations have saved an additional 30,000 children.

His group is also making significant inroads in the battle against malaria, which infects over 100 million people every year, and kills some 800,000 of them, mostly children in Africa.

Gates has joined the ranks of other great industrial-strength philanthropists like Andrew Carnegie, Warren Buffett, and John D. Rockefeller who gave away the equivalent of $6.5 billion, $30 billion and $11 billion in today’s dollars. Buffett has pledged to give away 99% of his $50 billion fortune, saying, “I want to give my kids enough so that they could feel that they could do anything, but not so much that they could do nothing.”

Buffett and Gates are close friends and Buffett has pledged stock worth roughly $36 billion to the Bill and Melinda Gates Foundation.

Gates also started The Giving Pledge, an effort to get the wealthiest Americans to pledge at least half of their fortunes to charitable causes. So far, a number of individuals (shown with their wealth in billions) have joined the pledge including: Warren Buffett (50), Mark Zuckerberg (17), Paul Allen(13), George Lucas (3.2), Barron Hilton (2.5), David Rockefeller (2.2) and Ted Turner (1.8).

If the wealthiest 400 Americans all signed on, they would contribute some $600 billion, which is twice the amount given to charity each year in the entire country.

And I suspect that if the recently much-maligned top 1%, those more than 1.1 million households that are worth at least $9 million apiece, all signed on, there would be a lot less anger focused on them, not to mention, an awful lot of good that could potentially come from all of that giving.

[Image credit:FrugalDad]

RP Siegel, PE, is the President of Rain Mountain LLC. He is also the co-author of the eco-thriller Vapor Trails, the first in a series covering the human side of various sustainability issues including energy, food, and water. Now available on Kindle.

Follow RP Siegel on Twitter.

RP Siegel headshot

RP Siegel (1952-2021), was an author and inventor who shined a powerful light on numerous environmental and technological topics. His work appeared in TriplePundit, GreenBiz, Justmeans, CSRWire, Sustainable Brands, Grist, Strategy+Business, Mechanical Engineering,  Design News, PolicyInnovations, Social Earth, Environmental Science, 3BL Media, ThomasNet, Huffington Post, Eniday, and engineering.com among others . He was the co-author, with Roger Saillant, of Vapor Trails, an adventure novel that shows climate change from a human perspective. RP was a professional engineer - a prolific inventor with 53 patents and President of Rain Mountain LLC a an independent product development group. RP was the winner of the 2015 Abu Dhabi Sustainability Week blogging competition. RP passed away on September 30, 2021. We here at TriplePundit will always be grateful for his insight, wit and hard work.

 

Read more stories by RP Siegel