Gates Dumps $108B in Liquid Assets—Musk Claps Back With Crypto Jab
Tech titans turn petty as Bill Gates’ historic liquidation sparks Twitter feud. The Microsoft co-founder’s $108 billion cash-out—the largest personal divestment in history—drew immediate fire from Elon Musk, who quipped ’Should’ve gone long BTC’ amid market turbulence.
Behind the headlines: While Gates’ team cites ’philanthropic rebalancing,’ insiders note the move coincides with a 17% drop in legacy tech holdings. Meanwhile, crypto markets shrug—Bitcoin holds $62K support as traders meme the feud into next week’s options expiry.
Cynic’s corner: Nothing says ’confidence in the system’ like a centibillionaire converting net worth into T-bills at 3.4% yield.
Gates Vs. Musk: $108B Giveaway, Philanthropy Clash, And Future Plans
The Elon Musk vs Bill Gates tech billionaires feud intensified after Gates announced his plan to donate his entire fortune by 2045. Gates Foundation wealth will grow to distribute approximately $200 billion over two decades in what Gates called
Gates stated:
By 2026, the Gates Foundation’s budget will increase to $9 billion, and by $10 billion a year thereafter. This Bill Gates fortune redistribution is targeted at destroying diseases such as polio and malaria and lowering the global poverty level.
Musk responded to Gates’ criticism on his X platform:
This tech billionaires feud centers on Musk’s role in the Department of Government Efficiency (DOGE), which has dismantled USAID. About 80% of USAID’s $44 billion budget faces cuts, prompting Gates’ accusation that Musk is
What’s Next?
Gates emphasized that his billionaire philanthropy cannot replace government funding:
The Bill Gates fortune liquidation also reflects concerns about government withdrawal from international aid and potential global health consequences. In Walter Isaacson’s 2023 Musk biography, during a 2022 meeting between the tech billionaires, Musk reportedly told Gates:
This Elon Musk vs Bill Gates’ bickering exposes their very different philosophies on billionaire philanthropy. If both signed The Giving Pledge in 2010, the wealth of the Gates Foundation alone has distributed more than $100 billion since its inception in the early 2000s, while Musk has given away less than 1% of his fortune, according to Forbes estimates.
