Reply #47: I have no idea what you think you've proven with your link. [View All]

[Hannah Bell]

http://www.gatesfoundation.org/leadership/Pages/overview.aspx

BG has retired from MS to devote more time to the fnd, more time than he did when Stonesifer was his fnd lieutenant.


<<Mr. Raikes will probably work even more closely with Bill and Melinda Gates than Ms. Stonesifer did. In September, after giving up most of his day-to-day responsibilities at Microsoft, Bill Gates will focus his attention on the foundation. Melinda Gates now spends about half her time on foundation activities.

Ms. Gates said her husband will become more deeply involved in setting strategy for the foundation, but that he will not meddle with Mr. Raikes’ leadership.

“He in no way wants to be involved in day-to-day leadership,” Ms. Gates said.>>


From that last sentence you deduce Gates has nothing to do with foundation investments, either financial (investing principal) or philanthropic. Here's how it works:

BG says: "Move into biotech" (strategy) & Raikes & his lieutenants check out possibilities & bring the results to the Gates for their OK.


The Gates (inc Bill Sr) direct both, & strategically. Their employees carry out the Gates' vision.

"Bill Gates shapes and approves foundation strategies, reviews results, advocates for the foundation’s issues, and helps set the overall direction of the organization."


Notice where Raikes is in the pecking order.

http://www.gatesfoundation.org/leadership/Pages/overview.aspx