865

If your dad is Bill Gates, you're probably not getting a Starbucks gift card for graduating college.

In 2018, Jennifer Gates walked off the Stanford stage and onto a 124-acre, $15.82 million horse farm in North Salem, New York. According to Architectural Digest, the lavish estate was a graduation gift from her billionaire parents—and came complete with rolling pastures, three parcels of land, and proximity to New York City for her future studies.

But in case that sounds too much like the plot of "Succession: Equestrian Edition," Melinda Gates would like to remind everyone: their kids were absolutely raised "middle class."

top 50 comments
sorted by: hot top controversial new old
[-] themeatbridge@lemmy.world 204 points 1 week ago

Rich people always, without exception, fail to recognize their own disconnections from reality.

[-] FlashMobOfOne@lemmy.world 131 points 1 week ago

These motherfuckers clearly need to be paying more taxes.

[-] AFKBRBChocolate@lemmy.world 28 points 1 week ago

Something Bill Gates actually agrees with. He's one of the super rich who has been outspoken about the rich needing to pay more taxes.

[-] FlashMobOfOne@lemmy.world 37 points 1 week ago

Something Bill Gates actually agrees with

It's always interesting to me how people bring this up regarding Gates and Buffett, as if that makes their largesse and greed at the expense of others perfectly acceptable. It's easy to say you support something when you know you're never going to be held accountable for following through.

[-] AFKBRBChocolate@lemmy.world 16 points 1 week ago

Few things in life are pure binary, and that's especially true of humans themselves. My take on Gates is that he was a smart but cutthroat businessman who did a number of things that were at least somewhat unethical, and became one of the richest people in the world. Then he got older and started thinking about his life and his legacy. He has been giving away huge sums of money to really worthwhile causes, like trying to eradicate malaria. He seems pretty sincere in his lobbying for increased taxes for the rich.

Does his philanthropy now erase his unscrupulous behavior when he was young? Not to me, but I do believe he's genuine in wanting to make the world s better place and putting his riches to good use.

[-] trollbearpig@lemmy.world 14 points 1 week ago* (last edited 1 week ago)

Pff, he is still a piece of shit even with his "philantropies". For example, he has given some money to fight some diseases (though even then there is an argument to be made that his focus on fashionable diseases has taken resources away from more pressing diseases affecting the global south, but that's another discussion). But then as soon as it was convenient for him he rallied against lifting the patents of Covid-19 vaccines during a pandemic (https://www.wired.com/story/opinion-the-world-loses-under-bill-gates-vaccine-colonialism/). So what fucking good are his philantropies if he still acts like a piece of shit at the most crucial moments. Everything he does is just to increase his power and influence, and to whitewash his image. He is still the same piece of shit he has always been. You have to be purposefully naive to think anyone who remains a billionaire is trying to do any good.

load more comments (1 replies)
load more comments (1 replies)
[-] the_q@lemm.ee 68 points 1 week ago

What could a horse ranch cost? $10?

[-] lucullus@discuss.tchncs.de 66 points 1 week ago

Much like the soon to be german chancellor, who told an interviewer, that he is upper middle class. All that while being a former Blackrock manager and owning (and using regularily) a personal private jet. Thats some kind of chancellor material...

load more comments (3 replies)
[-] b161 32 points 1 week ago

“Middle class” isn’t a thing. There’s the working class and the ruling class.

load more comments (1 replies)
[-] HeyJoe@lemmy.world 31 points 1 week ago

I want to be this middle class...

[-] Lucidlethargy@sh.itjust.works 27 points 1 week ago

Lol "middle class"... Does anyone know a middle class family? I just see people with money, and people who don't have enough. That's the real world... Maybe long ago there was a middle class?

load more comments (1 replies)
[-] conditional_soup@lemm.ee 26 points 1 week ago* (last edited 1 week ago)

Well, okay, if that's upper class then what size ranches do middle class people buy for their kids' graduation?

load more comments (1 replies)
[-] Ledericas@lemm.ee 26 points 1 week ago

and gates has to reinvent his image with his "charity work" he still a ruthless businessman, and countries complained about his vaccine requirements as well.

[-] callouscomic@lemm.ee 23 points 1 week ago* (last edited 1 week ago)

In 2018, Bill Gates' net worth was approximately $90 billion. His estimated income was around $12 billion, according to estimates from Business Insider.

In 2018, the median net worth of an American household was $101,800. I chose median cause these billionaires drastically skew the mean. The median household income was $63,179.

If an average American household gave the same scale of gift in 2018, based on household income, the gift would be $83.29, and based on net worth, it'd be $17.89.

[-] LavaPlanet@lemm.ee 22 points 1 week ago

Maybe that's why these 1%ers wealth hoard so hard, maybe they genuinely think they ARE middle class.

[-] forkDestroyer@infosec.pub 15 points 1 week ago

They're either extremely uneducated in current standards of living, or being purposefully deceitful. I'd like to think it's the former. They should have a class for rich people so they can understand what life is like without family money or high salaries.

load more comments (7 replies)
load more comments (2 replies)
[-] Apocalypteroid@lemmy.world 22 points 1 week ago

When you are a billionaire a $16m ranch is middle class.

[-] 13igTyme@lemmy.world 29 points 1 week ago

Remember the difference between 1 million and 1 billion, is 1 billion.

[-] LordWiggle@lemmy.world 10 points 1 week ago

It's not. It's 999 million.

load more comments (5 replies)
[-] semisimian@startrek.website 21 points 1 week ago

So, Bill (after the divorce) buys the ranch as a gift, but the headline circles it back to a unsourced Melinda quote ON YAHOO FINANCE! This is another obfuscating hatchet job to whitewash billionaire behaviour by media owned by said billionaires. Please don't engage. This is non-news. Down vote this to the sewer where it belongs.

[-] blueeggsandyam@lemmy.world 20 points 1 week ago

How do you raise a child “middle class in this house:

Bill Gates designed and owns a 66,000-square-foot (6,100 m2) mansion that is on Lake Washington in Medina, Washington.In 2009, property taxes were reported to be US$1.063 million on a total assessed value of US$147.5 million.

The house features an estate-wide server system, a 60-foot (18 m) swimming pool with an underwater music system, a 2,500-square-foot (230 m2) gym, and a 1,000-square-foot (93 m2) dining room. There are six kitchens and 24 bathrooms, ten of which contain bathtubs.

[-] AngryCommieKender@lemmy.world 11 points 1 week ago

Why TF would you put in a pool that is 7 m shorter than Olympic sized? There's a reason they are 25 m. It makes it much easier to determine your daily workout.

[-] Mariemarion@lemm.ee 10 points 1 week ago

Olympic-sized is 50 meters, but your point stands.

load more comments (2 replies)
load more comments (1 replies)
[-] SleafordMod@feddit.uk 20 points 1 week ago

I know people want to hate on Bill for being rich, and I can understand that, but I still prefer him to a certain South African billionaire.

Maybe some people will say that's like comparing a giant douche to a turd sandwich though.

[-] Jhex@lemmy.world 29 points 1 week ago

You don't have to choose a favourite when none should exist

[-] MellowYellow13@lemmy.world 13 points 1 week ago

Why are you choosing favorites?

load more comments (1 replies)
load more comments (11 replies)
[-] 3aqn5k6ryk@lemmy.world 19 points 1 week ago
load more comments (1 replies)
[-] Zero22xx 19 points 1 week ago

These rich people are so disconnected from the actual reality that the rest of us live in that it's not funny. And to make matters worse, a lot of these rich people see themselves as visionaries and leaders. Imagine that, blind visionaries. And to make matters even worse than that, a lot of people worship these 'visionaries' that can't even picture what life is like without billions of dollars, as if they have all the answers.

[-] a9cx34udP4ZZ0@lemmy.world 19 points 1 week ago

To be fair, out of all the billionaires they at least have made attempts to not make their kids shiteheads which is in stark contrast to most billionaires. At one point in time at least, they were only leaving $10m to each child, with plans to donate everything else.

Is that enough to live better than 99.99% of us? Absolutely. But it's also not: I can do whatever I want and buy whatever I want and never have to think about money again.

[-] Krono@lemmy.today 51 points 1 week ago

leaving $10m to each child, with plans to donate everything else

The plans were to donate everything else to a tax-advantaged "charity" in which the Gates family retains complete financial control.

This is not philanthropy. It is tax avoidance, greenwashing, and a public relations campaign.

[-] booly@sh.itjust.works 17 points 1 week ago

Yeah, it might be public relations, but the malaria nets and polio vaccines and HIV treatments and guinea work eradication did actually save millions of lives.

It's one thing to argue that doing good doesn't make up for doing bad, but it's another thing to refuse to acknowledge the good at all.

load more comments (1 replies)
[-] Ledericas@lemm.ee 13 points 1 week ago* (last edited 1 week ago)

when gates was on reddit, he choose AMA sub, so he wouldnt get criticized, they wouldnt allow you to question him on his charities being used tax evasion or money laundering.

[-] Doorbook@lemmy.world 10 points 1 week ago

this is not how generational wealth work.

lets say you are 17. having a party in the house with 100k cash in your bank account. you hear dad talk about a big merger "this company will be this company and the stock will go up" you put 50k on that and now you have 300k or something.

I sat with a few upper class once, if I have cache on hand I will be millionaire by now, it doesn't take much to get rich when you hang out with rich people....

[-] stevedice@sh.itjust.works 11 points 1 week ago

It's more like "Hey, I have an idea for a new type of toilet. Can you get me a meeting with your golf buddy who is the CEO of the largest toilet company in the world?". This is literally how Microsoft started.

load more comments (3 replies)
[-] Sanctus@lemmy.world 18 points 1 week ago

Its middle class, how much do they need to spend on graduation? 1mil? Yeah, we'll go 16mil and be the most middle class.

[-] ArchmageAzor@lemmy.world 17 points 1 week ago

Gates may be one of the better billionaires, but it's still like comparing prostate cancer to brain cancer.

load more comments (1 replies)
[-] j4k3@lemmy.world 17 points 1 week ago

Never forget that Bill's mom was on the board of directors at IBM and pushed for the company to use her boy's software startup in the very beginning. Microsoft was built entirely on this nepotism and monopoly. There is nothing remotely middle class about that story.

She wasn’t on the board of directors of IBM, she was on another board which the CEO of IBM was also on.

It’s a distinction without a difference, but still.

load more comments (1 replies)
[-] JcbAzPx@lemmy.world 16 points 1 week ago* (last edited 1 week ago)

No one really seems to know what middle class is anymore. Both the family that is one missed paycheck from being homeless and the one lobbying their state for school vouchers so they can repurpose the cost of their kids' private school tuition to their college fund think they're middle class.

load more comments (3 replies)
[-] bitjunkie@lemmy.world 14 points 1 week ago

Melinda fucking Gates doesn't know what "middle class" means, big shocker there…

load more comments (1 replies)
[-] geneva_convenience@lemmy.ml 14 points 1 week ago

Middle finger class.

[-] Randomgal@lemmy.ca 14 points 1 week ago

The problem is that the working poor and the billionaires all think they are middle class. Because poor is for non-whites.

[-] ikidd@lemmy.world 14 points 1 week ago

How much can a banana cost, Michael? $10?

load more comments (1 replies)
[-] tauren@lemm.ee 13 points 1 week ago

To be fair, by the time you graduate from college, you've already been raised.

[-] rumba@lemmy.zip 12 points 1 week ago

At least he's relatively philanthropic, Mush and Bezilbub don't even try to make other peoples lives better.

[-] rpl6475@lemmy.ml 11 points 1 week ago

I only got a £2 million pony farm for my 18th, and I was raised working class so this makes sense...

[-] lechekaflan@lemmy.world 10 points 1 week ago* (last edited 1 week ago)

I worry more about the actual rent-seeking oligarchy in my part of the world running for political positions in next month's elections, purely for feudalistic reasons.

load more comments
view more: next ›
this post was submitted on 22 Apr 2025
865 points (100.0% liked)

A Boring Dystopia

11986 readers
396 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--If a picture is just a screenshot of an article, link the article

--If a video's content isn't clear from title, write a short summary so people know what it's about.

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 2 years ago
MODERATORS