Microsoft founder Bill Gates says his children ‘will get less than 1 percent of the total wealth because…’

Microsoft founder and former CEO Bill Gates is one of the richest persons with a current net worth of $101.2 billion. However, he has no plans to leave even 1% of his fortune to his children. Gates recently appeared on Raj Shamani’s podcast where he said that they will get “less than 1 percent of the total wealth because I decided it wouldn’t be a favor to them. It’s not a dynasty.”

The tech billionaire has three children — daughter Jennifer Gates, 28, son Rory Gates, 25, and daughter Phoebe Gates, 22. “I wanna give them a chance to have their own earnings and success, be significant and not overshadowed by the incredible luck and good fortune I had,” he added.