How Bill and Melinda Gates use philanthropy to pump corporate profits
Philanthropy wonk Lucy Bernholz defines the buzzword leverage as "the idea that you can use a little money to access a lot of money." ...
...And in its U.S. education reform charity work, the Gates Foundation has increasingly shifted its funding to promote market domination by its British corporate education services partner, Pearson Education.
The Gates Foundation, and Gates personally, also own stock and reap profits from many of these same partner corporations. In addition, the Foundation owns a profit-generating portfolio of stocks which would seem to work against the Foundation's declared missions, such as the Latin American Coca-Cola FEMSA distributorship and five multinational oil giants operating in Nigeria. These corporate investments, now moved to a blind trust whose trustees are Bill and Melinda Gates, are collaterally supported by the Foundation's tax-free lobbying and advocacy activities.
Read the whole thing. Bill Gates is a truly bad actor.