Bill Gates ‘Surprised’ By Who’s NOT In Panama Papers by Hadley Gamble, Matt Clinch – CNBC
The lack of U.S. citizens named in the Panama Papers has left Microsoft founder Bill Gates a little incredulous.
A massive anonymous data dump of 11.5 million encrypted internal documents from Panamanian law firm Mossack Fonseca has shed light on the hidden financial dealings of politicians and public officials around the globe.
For the first quarter of 2022, the Voss Value Fund returned -5.5% net of fees and expenses compared to a -7.5% total return for the Russell 2000 and a -4.6% total return for the S&P 500. According to a copy of the firm’s first-quarter letter to investors, a copy of which ValueWalk has been able Read More
But many commentators were left wondering why so few U.S. citizens were mentioned.
“I was surprised there were so few Americans,” Gates quipped to CNBC in an exclusive interview in Qatar.
“Whenever you file your tax return, you are asked to declare what overseas bank accounts and assets you have. It doesn’t mean that everybody, absolutely answers that question correctly,” he said.
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Bill Gates: ‘Surprised’ to see few US names in Panama Papers
Bill Gates shares his views on the latest Panama Papers leaks, saying he was surprised by how few U.S. citizens were mentioned in the document leaks.
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CNBC’s Hadley Gamble interviews Gates, who says his foundation is half way to raising $500 million towards helping the world’s poorest Muslims.
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Gates shares his view on tensions between the U.S. and the Gulf states and the difficulty of moving away from oil dependency.
Bill Gates, founder of The Gates Foundation, says his foundation is careful about the money it receives to avoid corruption.