Didn’t he retract from the Gates foundation last year. His children will be in charge of it to “donate”. I don’t know the specific mechanics but seems like it’s a good way to simply give it to your kids. They all run types of charities.
Not to rain on anyone's parade but it is important to note that philanthropic trusts are an excellent way to avoid taxes.
Agree, I might not have hinted at that strong enough. It might have some philanthropic end uses but last time I remember looking at his kids charities, they were very strange.