๐ธ Gates family wealth plans and funding lessons
Bill Gates stated his children will inherit less than 1% of his wealth upon his passing. This mirrors Melinda French Gates' approach, who intentionally avoided funding her daughter Phoebe Gates' startup. She felt that true business validation required external investors to believe in the venture. French Gates wanted her daughter to experience the full fundraising process, including potential rejections. This philosophy supports building resilience, especially for female founders in business. ๐ง