Appearing on ITV’s This Morning the Microsoft creator, says his kids understand his decision.
The 60-year-old said:
“Well, our kids receive a great education and some money but they will go out and have their own careers.
“It’s not a favour to kids to have them have huge sums of wealth. Because it distorts anything they might do, creating their own path.
”This money is dedicated to helping the poor and they know that, they are proud of that .They travel with us and see work being done..”
The billionaire and his wife Melinda, 52, have three children together, Jennifer, 20, Rory, 17, and Phoebe, 14.