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Melinda French Gates She announced her next chapter in philanthropy this week as she prepares to leave the Bill and
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Melinda Gates Foundation she plans to donate $ billion dollar globally over the next two years to help support women
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and families as well as Reproductive Rights in the US a portion of the money will also be distributed in the form of
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a $20 million grants to individuals like former New Zealand prime minister jenda
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ardar and director Avid Deer uh to use at their discretion I think Melinda was a a funer of her recent film for example
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and there's a whole bunch of people the 19th she's given all this these grants to really terrific groups and it's a
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it's a fascinating move between her and McKenzie Scott uh we have entered a very
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interesting era of philanthropy McKenzie Scott as you know a former uh was used to be married to Jeff Bezos donated $640
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million to over 300 nonprofits a few months ago she donated $2.2 billion last year she is burning up the getting rid
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of her money off her plate as if it's like lava um this is really interesting um these two women and then obviously uh
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um Lorraine Powell jobs is making media Investments she has her own Emerson Collective that does both philanthropy
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and Investments um what do you what do what do you think what do you think about this I think it's wonderful um I
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think I'm a sexist I think there are certain behaviors that are more prone to people born as women and born as men and
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one of the things I noticed about uh philanthropy from women is they're not as big on the ribbon cutting and
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believing that they should have input and influence into education because they give you know $50 million to the
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New York school district not recognizing they don't know a [ __ ] thing about public school education I find that
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generally speaking when women give money away it's in return they ask for Less in
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return and they're more promiscuous they're like I've got a [ __ ] ton of money it makes no sense to hoard wealth
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and I'm going to start pushing it out and I'm going to ask for almost nothing in return and I think McKenzie Scott is
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an outstanding American I mean look at I I'm here for Bill Gates's uh I'm sorry I'm here for Jeff Bezos midlife crisis I
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actually enjoy watching it I can relate to it but while he's building super Yachts for $300
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million you know mckeny Scott is sending sending $15 million to the jet Foundation to work on teen suicide and
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by the way she doesn't demand anything she doesn't want to show up she doesn't want her name on anything she just wants
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to get start helping people and this field this feels like that and then in another
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what I think is just absolutely wonderful here and I think I'm going on Morning Joe on oh cool you like I do but
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more importantly they like me but I'm going on tomorrow and with Richard Reeves but I'm a glass half empty kind of guy I
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talk a lot about what's wrong with America but here's the reality despite you know our House of Representatives
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insulting each other's looks despite the zombie apocalypse of useful idiots on campuses America is singular around some
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really wonderful things and this is an American story this is uh and I'm a big fan of Richard Reeves he kind of got
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highlighted to me or brought to my attention some of the things going on with the struggles the young men face
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the guys at the Brookings Institute he's an outstanding scholar he takes a risk starts his own business it's a nonprofit
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but it's a true nonprofit he doesn't answer to Microsoft called the American Institute for boys and men he takes a
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risk he starts his thing just to produce research around the struggles that young
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men are facing and then a woman named Melinda French Gates finds him and gives him $20
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million and you know something this is a uniquely American story it does happen in other parts of the world but it
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doesn't happen as often as it happens in America so for all of the [ __ ] posting
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and of all of the catastrophizing of all of the the clickbait around everything that's wrong
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with our nation this is one of the things that's right with it we create tremendous economic value and then good
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people want to push it out to do good work I I just love this story I'm really happy for Richard
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and also Melinda French Gates has said bodily autonomy and women's rights are hugely important she's passionate about
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it it's wonderful but at the same time she said if we're going to have a a a Vibrant Community who wants more
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economically and emotionally viable young men women that's right and she's giving money to an Institute that's
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focused on boys I I think she's I think she's wonderful go Melinda French gay let me make a a comparison of something
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we just talked about these sort of childlike childish men men are doing their stupid Trump fundraiser with very
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little money that they're putting out to get a lot of influence and doing no good
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for Humanity except for themselves except for like self-aggrandizing themselves both jamath and David saxs
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and also Elon Musk is doing this but doing nothing to help all of society they're just giving a ping amount of
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money to horish politicians in order to have influence meanwhile Melinda Gates and uh and McKenzie Bezos are using
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money real money real money not little tiny multi-million dollar $5,000 donations to have dinner with a with
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someone who has been found liable for rape no they're not using their money for that they're giving away billions
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and billions of dollars to laudable people across the globe to make the world a better place what a [ __ ]
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comparison these men are sad and [ __ ] and these women have balls as big as all ever that's all I'll say
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dickas Jesus Christ dickas sorry by the way my no but they're doing this so they
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can have a party in Silicon Valley for trump it drives me nuts that these people think they're important when this
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is where the real if you have money like this this is what you should do with it
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thank you well again these it's not they're not presenting their money to issues they're using a small amount of
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money to present themselves that's correct it's it this isn't one is Vanity one is philanthropy but I don't know if
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you knew this but my girlfriend often compared me to Bill Gates when we would have sex because I'm Microsoft oh my God
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literally putting a penis joke on my power all that you are angry this morning you are going after you got to
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be careful in San Francisco there's a lot of these these pretend to care about the world they don't care about the
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world that's the thing these women do they're actually putting their money where their mouth is and they're not by
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the way are you hearing from McKenzie Scott she just gives the money and leaves in the dark of night Molina
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French Gates gave a few interviews talking and she's giving to help reproductive right she and by the way
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they're putting it all over the place it's not just in like liberal causes they're putting it in places that matter
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for kids and families they're putting it to feed people they're putting it to it's just like the contrast is so vast
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I'm not mad I'm like why do we these terrible men compared to these amazing women is just such a great contrast for
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me um for me and understanding what's going on by the way FYI a lot of these people one of the things that the gates
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is did start was the giving pledge with with um Warren Buffett in 2010 Sam Alman
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and his husband just announced that they plan to give away most of their wealth as part of the giving pledge I've always
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thought that was a cool thing I don't know I've always thought I don't think it is you don't why tell me why I don't
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know I I to pledge to give away all your wealth why is that okay big [ __ ] deal
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okay I pledge to give away all my wealth this is what it means all right I'm going to put a couple billion dollars
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into a donor advise fund MH and this is different this is the giving pledge this
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is not that but the giving pledge all the giving pledge says is that after I'm dead that somebody is going to give my
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money away okay I don't okay fine great you don't believe in dynastic wealth it has absolutely no impact on you maybe
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you even put it into a donor advice fund where you get a tax deduction against it
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that's different yeah but that's that's a component of this notion that you're a
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good person because at some point you're going to give your money away and I'm going to a lot of virtu signaling right
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now I hit my number seven years ago and I've decided that above that number I'm giving everything away now because
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here's the thing this is a virus that alss America hoarding money Fair there needs to be a movement in America that
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once you hit your number you just start giving it away now you don't say I want credit for being a great guy after I
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have had all my Boeing Business Jets after I have bought football teams after I've had seven midlife crises and then
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when I'm dead and it no longer matters to me I'll give it away there is no you have literally just convinced me you are
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correct I don't say this very often uhoh cat's living with dogs the world has stopped rotating God you're right you're
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right I that's why I love these badass women they're giving it away lit you know what the goal is the goal is to
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give an I'll leave my kids a little bit of money but this is the goal to be at the end of your life to spent the money
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on other people and experiences and be surrounded die at home be surrounded by people who are going to be really bummed
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that you're leaving not not a bunch of press releases saying why the [ __ ] are you worth a hundred billion dollar yeah
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SC why didn't you start giving it away at how much you leaving your kids what is the number what's the number one
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leaves one kid uh I I'm this is the challenge and this is a good problem but you want to give them enough money such
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that they can do anything but not enough money such that they can do nothing ah yes and the key is I mean again this is
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the world buy a house give them money for a house that's what I say money that quite frankly they don't have access to
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until they're 25 35 and 45 MH money for Education money for a home but not enough money such that they don't have
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to work yep that's we're on the same parenting thing that's the thing that's correct yes that's exactly but I've
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decided and I love it I hit my number seven years ago my number is probably a lot lower than most of these guys and
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I'm like anything above that I'm going to either spend it at the hotel du cap yes on me by the way on friends and
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people I love or I'm going to give it away there is no reason once you're above a certain number to hoard wealth
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I'm a big fan of Daniel Conan and I went back and read some of his work when he passed
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away let let's pick a number $100 million of a $100 million if it grows four or 6% a year four to six million
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bucks a year gets you a beautiful home a beautiful second home a flexjet card do
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whatever you want with whomever you want pretty much all of the time you can just
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have an extraordinary life the difference between a 100 million and a billion there's no marginal increase in
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the quality of your life there is as a matter of fact there'll be some incre you can buy a football team you can have
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more influence over politics but there's also a downside people start Tak taking
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pictures of your kids people start start running stories you about you in TMZ there is a downside so if there's no
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incremental gain in happiness and so many people would benefit from the types of donations that Mackenzie Scott and
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Melinda French gates are making why on Earth wouldn't you enjoy that happiness yeah and not hoard wealth and help
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people you're you know what this is this was a very good explanation I'm still I
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still think the others are shameful and these women are ballers that's my feeling good for them well they're true
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they they Define what it the word giving is overused and they have earned the right they own the right to say that
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they are giving what these other folks are doing is consumption it's PR a lot of its virtu saying I'm going to give
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all my money away after I'm dead who the [ __ ] I don't care what happens to my money after I'm dead that's not doing
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anything that's not should be now that's 100% wand around and give people $100 bills let's do that and also let me be
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cap here I also think it's really wonderful and good for the world to spend it spend a [ __ ] ton of money put
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it back into the economy enjoy it the world offers amazing things that you can spend money on I don't I I think it's
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great when people spend a ton of money and I'm Scott I feel like this should be your next book spend spend [ __ ] spend
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the new novel see this is why I love the show you have shifted my thoughts in a very good way in a very helpful way
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anyway uh I still I love these women I think they're great anyway uh let it makes me feel so much better about the
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other [ __ ]