this post was submitted on 22 Apr 2025
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A Boring Dystopia

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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."

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[–] iAvicenna@lemmy.world 7 points 3 days ago* (last edited 3 days ago)

I suppose, to her, having millions of dollars is soooo far away from her life that she has to look at it with binoculars and think that it should be middle-class.

[–] ikidd@lemmy.world 16 points 4 days ago (1 children)

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

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[–] 3aqn5k6ryk@lemmy.world 20 points 4 days ago (1 children)
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[–] conditional_soup@lemm.ee 29 points 5 days ago* (last edited 5 days ago) (3 children)

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

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[–] Ledericas@lemm.ee 25 points 5 days 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.

[–] a9cx34udP4ZZ0@lemmy.world 14 points 4 days ago (8 children)

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.

[–] Doorbook@lemmy.world 10 points 4 days ago (1 children)

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....

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[–] slappypantsgo@lemm.ee 4 points 4 days ago (2 children)

That’s all she’s saying. They raised the kids with limits. That’s what she should have said. They obviously weren’t raised “middle class” or anything like it.

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[–] Dasus@lemmy.world 6 points 4 days ago

But it's also not: I can do whatever I want and buy whatever I want and never have to think about money again.

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[–] bitjunkie@lemmy.world 15 points 4 days ago (1 children)

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

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[–] Randomgal@lemmy.ca 14 points 4 days ago

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

[–] geneva_convenience@lemmy.ml 14 points 4 days ago

Middle finger class.

[–] Aneb@lemmy.world 4 points 3 days ago

My sister and husband were confused when I said its sad Microsoft owns Xbox, one of our favorite past times. And it because of shit like this. Tax the fuckers, tax them one cent I dare u.

[–] tauren@lemm.ee 13 points 4 days ago

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

[–] j4k3@lemmy.world 17 points 5 days ago (2 children)

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.

cross class "networking" is common and more or less the only way people move up in the class system. Having rich colleagues/ aquatences is an important part of most extremely successful startups and is absolutely something that happens to "middle class" people, just not to those living paycheck to paycheck.

[–] Sanctus@lemmy.world 20 points 5 days 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.

[–] semisimian@startrek.website 16 points 5 days 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.

[–] rpl6475@lemmy.ml 11 points 4 days ago

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

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