Blog Post #7: The Giving Gates
People generally listen to the words from those above them. Especially when the words are from a multi-billionaire tycoon, such as Bill Gates. Not only is Gates a successful businessman and entrepreneur, he is also a philanthropist, with his own charitable foundation to boot. However, with the amount of help required to aid developing countries in advancing their infrastructure, Gates attempts to raise awareness about this issue. In this case, Gates publicly proposes that the majority of Norway’s billion-dollar oil funds should be invested in impoverished areas with the potential to grow, such as countries in Africa and Asia. With Gates’ stance on charity, he fits in well with the definition of sustainability. The core aspects of sustainability includes social, environmental, and economic; all of which are affected by Gates’ philanthropy. To be specific, it has affected socially because the money will help elevate the living standards of the people; environmentally because local business and governments can have access to more efficient technology; and economically because the country will be able to a more active part in the international markets through exports and imports.
