Summary:
Bill Gates discouraged his daughter Phoebe from dropping out of college to pursue entrepreneurship.
Phoebe shared her father's caution during her podcast, noting the importance of finishing her degree.
She faced insecurities at Stanford University due to her family's legacy.
Phoebe graduated early with a degree in human biology and aimed to support her mother at graduation.
Bill Gates' children will inherit less than 1% of his $100 billion fortune.
Bill Gates vs. Entrepreneurship
Tech billionaire Bill Gates famously dropped out of Harvard to launch Microsoft, but his youngest daughter, Phoebe Gates, reveals that he is not supportive of her plans to do the same. In a recent episode of her podcast, "The Burnouts," Phoebe shared her experience and her father's concerns about her desire to leave college to start her own business.
Cautious Parents
Phoebe explained that her parents were "really cautious" when she expressed her desire to drop out. They emphasized the importance of finishing her degree, despite Bill's own decision to leave college to pursue his ambitions. Phoebe humorously noted, "Which is so funny because my dad literally did that, and that's, like, the reason I'm able to go to Stanford or have my tuition paid."
Navigating Insecurities
As she began her journey at Stanford University, Phoebe faced insecurities stemming from her family's legacy. She admitted to feeling pressure and grappling with the label of a "nepo baby."
Academic Accomplishments
Graduating early with a degree in human biology, she expressed a desire to complete her education not just for herself but also to support her mother, Melinda, during the commencement ceremony.
Family Dynamics
Phoebe is the youngest of three children from Bill and Melinda Gates, who divorced in 2021 after 27 years of marriage. Interestingly, Bill revealed that each of his children will inherit less than 1% of his fortune, which is estimated to be over $100 billion. Even at this rate, each child stands to receive over $1 billion.
Key Takeaway: The journey of Phoebe Gates highlights the complexities of pursuing entrepreneurship while navigating family expectations and educational commitments.
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