EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS


Gates Foundation Keeps Increasing Investments in BP, Super-Patent Troll Nathan Myhrvold Joins the Feast

Posted in Bill Gates, Finance, Microsoft, Patents at 6:59 pm by Dr. Roy Schestowitz

BP glass

Summary: Nathan Myhrvold and Bill Gates make money from the world’s energy (where the big money is), not just a software monopoly; we take a deeper look at their extensive use of patents

SOME of the more distasteful activities of the Gates Foundation revolve around energy. That’s where Bill Gates really makes a killing. We explained this many times before, but for those who are new to it, the short story is that Gates is making money while lobbying for nuclear energy that he and his unethical friend Nathan Myhrvold have patents on. In essence, the goal is to pass taxpayers’ money to the pockets of Bill and his circle of rich friends.

The following new article mentions quite clearly the involvement of Nathan Myhrvold, whose role has not been all that apparent thus far.

The company is already backed by two software magnates, Bill Gates, the founder of Microsoft, and Nathan Myhrvold, who was Microsoft’s chief technology officer. TerraPower would not say how much of the $35 million came from Charles River and Khosla, or who the other investors were. Prior to this investment, the company said, it had raised “tens of millions” of dollars.

This is also mentioned in some other publications [1, 2] and from Reuters we have the following overview:

* Gates, Charles River Ventures, Khosla Ventures investors

* Investor says co. attracting interest from other players

* TerraPower aims to have test reactor in few years (Adds comments by Intellectual Ventures’ Nathan Myhrvold)

That’s the same thing Gates has been lobbying for in various events. Nathan Myhrvold, Microsoft's patent troll, is part of it too, not just Bill Gates who increases the investment in the very same company he lobbies the government for and promotes in public events (clearly not out of “goodwill” as much as self gain).

“Bill Gates hikes investment in nuclear-reactor firm,” says this report.

Bellevue, Wash.-based TerraPower said in a statement Wednesday that in addition to Gates, other prior investors contributing to the new funding round include former Microsoft Nathan Myhrvold.

Myhrvold now heads Intellectual Ventures, an intellectual property investment firm that spawned TerraPower in 2007.

It is worth mentioning that the Myhrvold-Gates pairing is rather common. Myhrvold is the world’s largest patent troll and he also has patents/investments in some of those pharmaceutical companies that Gates is promoting (while he invests in them too). It’s all about patents, i.e. monopolies. Let’s look at some examples from last week.

Here is the “Children’s Hospital” spin/lipstick [1, 2] being put on an actual investment in vaccination.

Our first challenge was to ensure that all the people who were eligible for the drugs got what they needed. There were issues around the delivery and how to finance it. The drug itself is donated, but to circulate it to every sufferer involves a lot of extra cost. Initially we received donations from the UK’s Department for International Development (Dfid), then from the Bill & Melinda Gates Foundation. And then we started to receive funds from the Tanzanian government, which is now our main source of funding.

A closer look at the press release shows that there may be patents involved. In other words, someone gains a monopoly here. It’s not exactly all about the children, or maybe it’s a bit of both.

Here is Gates’ exploration for more drugs [1, 2] and more news about Argentina getting Gates' vaccination treatment (there are again patents and pharmaceutical giants whose shareholders — Gates included — will gain).

This conflict of interests might not be as desired as it a coincidental one and in some cases it may also be innocent [1, 2], but sometimes it’s just hard to ignore, given that medical professionals too are complaining. Many of them do not like what the Gates Foundation is doing and few of them dare to speak out about it. The problem with the Gates Foundation and its affiliates is that they monopolise research (patents) and they also control data on health, based on this new report regarding IHME:

Founded with a $105 million grant from the Gates Foundation, IHME’s mission is to bring rigorous statistical analysis to the evaluation of health programs and trends worldwide.

There is a conflict of interests here and based on the bias of Gates Foundation-funded ‘studies’, this ought to strike a nerve. There is too much power in the hands of the foundation, which is also very close to GAVI [1, 2] and WHO.

“The chief of malaria for the World Health Organization has complained that the growing dominance of malaria research by the Bill and Melinda Gates Foundation risks stifling a diversity of views among scientists and wiping out the world health agency’s policy-making function. [...] Many of the world’s leading malaria scientists are now “locked up in a ‘cartel’ with their own research funding being linked to those of others within the group,” Dr. Kochi wrote. Because “each has a vested interest to safeguard the work of the others,” he wrote, getting independent reviews of research proposals “is becoming increasingly difficult.”

“Gates Foundation’s Influence Criticized,” in New York Times, February 2008

Here is some more news about GAVI and Gates. The alignment there creates suspicion of an incestuous relationship as Gates runs an investment vehicle that also has vested interests in overly expensive drugs. The Gates Foundation is close to companies like GSK and Merck (whose senior employees flock into the foundation) and here is a new example of Merck and Microsoft getting closer [1, 2], and not for the first time, either. They help bring the poor quality and unreliability of Windows to biology too.

But anyway, going back to energy and patents, watch how Bill Gates lobbies for that same company he’s investing in (or several of them) [1, 2, 3, 4, 5]. The news goes on and on about him being so smart and generous, but rarely is his vested interest mentioned at all. He tries to convince the government to shell out some money for him to profit from. Also, it’s not as though Gates is a true proponent of nuclear energy. He seemingly promotes whatever pays well. How else can one explain Gates’ investments in BP [1, 2, 3], which continued to increase based on this new report?

Exactly how many shares of BP does the Gates Fund really own?


H/t to commenter David C. for telling me that I badly understated the BP stock holdings of the Bill & Melinda Gates Foundation which I reported first as 4 million and than revised to more than 7 million shares. Here’s where I got my original figures. But in yesterday’s NYT, Green blogger John Rudolph (“How British is BP?) reports that the Gates Fund actually owns an astonishing 43 million shares. The estimates keep climbing on par with BP’s spill estimates.

As Gates Keepers puts it, “The Foundation is a major investor in the gusher.” That’s just the latest propaganda — not saying that he lobbies for his own gain while supporting BP*. In the case of nuclear energy, he wants more money from the public, he is not donating to this cause at all. Gates Keepers also says:

Pledge? Social contract? Document? What do rich people (or poor people) need a pledge for? It has been for the last several years the norm for the very rich to give away a lot. Why the hegemon? Three billionaires’ dinner party diners decided on the 50% figure.

On the Charlie Rose show Melinda says she doesn’t care what the funds are given to. Huuh? Warren has not missed a meal or a movie because he gives most of his money away. No surprise there. Philanthropy appears to be enriching the Gates’ relationship. Good for them. Bill says: “there’s a broad set of things that would never happen without philanthropy.” What arrogance! Charlie says: “This is not a billionaire’s club”. It sure looks like it – no one else is invited.

See if you can find Charlie Rose with the Gates and Warren http://www.charlierose.com/ or http://bit.ly/w12m.

This short complaint refers to the typical glorification from the national press, which receives less-than-flattering comments from the public [1, 2]. Despite more PR from the mainstream media, both for Buffett [1, 2, 3, 4, 5] and for Gates [1, 2, 3, 4, 5, 6, 7, 8, 9], not everyone is gullible enough. One person opines that “Gates now runs an investment company in the guise of a charity.”

“World’s Most Generous People” was the headline from the business press. Well, the people they name hardly feel the giveaway (a fraction of the money, which otherwise they would pay in state tax anyway, so essentially they give away taxpayers’ money). Who are they kidding? The same PR charade has Slim joining to receive a lot of press coverage [1, 2, 3, 4, 5, 6, 7] along with Gates. There is also this piece about Benioff and Gates’ illusion of being humble while his father compares this work to that of Rockefeller. At least they are being honest about exploiting people and then pulling the same trick as other robber barons:

Bill Gates Sr. believes that a charitable foundation should be set up to run forever — in “perpetuity.” He points to the success of the foundation created by John D. Rockefeller Sr. in the early 1900s.

Rockefeller’s work is nothing to be proud of. It’s a story of someone who looted the public and later gave a fraction of this money to get people off his back. Both the Rockefeller Foundation and the Gates Foundation are currently bringing US patents to Africa, in order for the population there to be more dependent (enslaved). They call it “Green Revolution” and it’s GMO.

Someone has just mailed us a link to this new 3-part post about the Gates Foundation and how its goals relate to Rockefeller’s. We do not know if this particular site is reliable, but it begins as follows:

Like many of the world’s richest businessmen Bill Gates believes in a special form of democracy, otherwise known as plutocracy, that is, “socialism for the rich and capitalism for the poor”. Following in the footsteps of the robber barons, like John D. Rockefeller and Andrew Carnegie, who founded two of America’s most influential liberal foundations (e.g. the Rockefeller Foundation and the Carnegie Corporation), Gates, like most capitalists, relies upon the government to help regulate and protect his business interests from competition, but is less keen on the idea of a government that acts to redistribute wealth to the wider populous. Dean Baker surmises this idea when he writes that Bill Gates is after all “one of the heroes of the conservative nanny state.” In the minds of such massively powerful would-be capitalists, the State is merely a tool to be harnessed for profit maximization, and they themselves, the ones who have acquired their wealth by exploiting and manipulating the economic system then take it upon their own shoulders to help relieve global inequality and escalating poverty – the modern day’s white man’s burden. As one might expect, the definitions of the appropriate solutions to the capitalist-driven inequality that are generated by the world’s most successful capitalists neglect to seriously challenge the primary driver of global poverty, capitalism. For the most part the incompatibility of democracy and capitalism remains anathema to all, instead liberal philanthropists industriously fund all manner of ‘solutions’ that help provide a much needed outlet valve for rising resistance and dissent, while still enabling business-as-usual, albeit with a band-aid stuck over some of the most glaring inequities.

Tomorrow we are going to cover Gates’ and Microsoft’s latest subversion of the education system. There is no real separation between those two.

Gates Foundation logo

* There are also new Microsoft connections to the oil and gas industry.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New

  1. The Latest EPO Spin: Staff Protesters Compared to 'Anti-Patent Campaigners' or 'Against UPC'

    Attempts to characterise legitimate complaints about the EPO's management as just an effort to derail the patent office itself, or even the patent system (spin courtesy of EPO and its media friends at IAM)

  2. The Serious Implication of Controversial FTI Consulting Contract: Every Press Article About EPO Could Have Been Paid for by EPO

    With nearly one million dollars dedicated in just one single year to reputation laundering, one can imagine that a lot of media coverage won't be objective, or just be synthetic EPO promotion, seeded by the EPO or its peripheral PR agents

  3. EPO: We Have Always Been at War With Europe (or Europeans)

    The European Patent Office (EPO) with its dubious attacks on free speech inside Europe further unveiled for the European public to see (as well as the international community, which oughtn't show any respect to the EPO, a de facto tyranny at the heart of Europe)

  4. What Everyone Needs to Know About the EPO's New War on Journalism

    A detailed list of facts or observations regarding the EPO's newfound love for censorship, even imposed on outside entities, including bloggers (part one of several to come)

  5. EPO Did Not Want to Take Down One Techrights Article, It Wanted to Take Down Many Articles Using Intimidation, SLAPPing, and Psychological Manipulation Late on a Friday Night

    Recalling the dirty tactics by which the European Patent Office sought to remove criticism of its dirty secret deals with large corporations, for whom it made available and was increasingly offering preferential treatment

  6. The European Private Office: What Was Once a Public Service is Now Crony Capitalism With Private Contractors

    The increasing privatisation of the European Patent Office (EPO), resembling what happens in the UK to the NHS, shows that the real goal is to crush the quality of the service and instead serve a bunch of rich and powerful interests, in defiance of the original goals of this well-funded (by taxpayers) organisation

  7. Microsoft Once Again Disregards People's Settings and Abuses Them, Again Pretends It's Just an Accident

    A conceited corporation, Microsoft, shows not only that it exploits its botnet to forcibly download massive binaries without consent but also that it vainly overrides people's privacy settings to spy on these people, sometimes with help from malicious hardware vendors such as Dell or Lenovo

  8. When the EPO Liaised With Capone (Literally) to Silence Bloggers, Delete Articles

    A dissection of the EPO's current media strategy, which involves not only funneling money into the media but also actively silencing opposing views

  9. Blogger Who Wrote About the EPO's Abuses Retires

    Bloggers' independent rebuttal capability against a media apparatus that is deep in the EPO's pocket is greatly diminished as Jeremy Phillips suddenly retires

  10. Leaked: EPO Award of €880,000 “in Order to Address the Media Presence of the EPO” (Reputation Laundering)

    The European Patent Office, a public body, wastes extravagant amounts of money on public relations (for 'damage control', like FIFA's) in an effort to undermine critics, not only among staff (internally) but also among the media (externally)

  11. Links 27/11/2015: KDE Plasma 5.5 Plans, Oracle Linux 7.2

    Links for the day

  12. Documents Needed: Contract or Information About EPO PR/Media Campaign to Mislead the World

    Rumour that the EPO spends almost as much as a million US dollars “with some selected press agencies to refurbish the image of the EPO”

  13. Guest Post: The EPO, EPC, Unitary Patent and the Money Issue

    Remarks on the Unitary Patent (UP) and the lesser-known aspects of the EPO and EPC, where the “real issue is money, about which very little is discussed in public...”

  14. Saving the Integrity of the European Patent Office (EPO)

    Some timely perspective on what's needed at the European Patent Office, which was detabilised by 'virtue' of making tyrants its official figureheads

  15. A Call for Bloggers and Journalists: Did EPO Intimidate and Threaten You Too? Please Speak Out.

    An effort to discover just how many people out there have been subjected to censorship and/or self-censorship by EPO aggression against the media

  16. European Patent Office (EPO) a “Kingdom Above the EU Countries, a Tyranny With ZERO Accountability”

    Criticism of the EPO's thuggish behaviour and endless efforts to crush dissenting voices by all means available, even when these means are in clear violation of international or European laws

  17. Links 26/11/2015: The $5 Raspberry Pi Zero, Running Sans Systemd Gets Hard

    Links for the day

  18. EPO Management Needs to Finally Recognise That It Itself is the Issue, Not the Staff or the Unions

    A showing of dissent even from the representatives whom the EPO tightly controls and why the latest union-busting goes a lot further than most people realise

  19. Even the EPO Central Staff Committee is Unhappy With EPO Management

    The questions asked by the Central Staff Committee shared for the public to see that not only a single union is concerned about the management's behaviour

  20. The Broken Window Economics of Patent Trolls Are Already Coming to Europe

    The plague which is widely known as patent trolls (non-practicing entities that prey on practicing companies) is being spread to Europe, owing in part to misguided policies and patent maximalists

  21. Debunking the EPO's Latest Marketing Nonsense From Les Échos and More on Benoît Battistelli's Nastygram to French Politician

    Our detailed remarks about French brainwash from the EPO's media partner (with Benoît Battistelli extensively quoted) and the concerns increasingly raised by French politicians, who urge for national or even continental intervention

  22. The Sun King Delusion: The Views of Techrights Are Just a Mirror of EPO Staff Unions

    Tackling some emerging spin we have seen coming from Battistelli's private letters -- spin which strives to project the views of Techrights onto staff unions and why it's very hypocritical a form of spin

  23. Links 25/11/2015: Webconverger 33.1, Netrunner 17 Released

    Links for the day

  24. United They Stand: FFPE-EPO Supports Suspended Staff Representatives From SUEPO

    An obscure union from the Dutch side of things at the EPO is expressing support for the suspended colleagues from SUEPO (more German than Dutch)

  25. Censoring WIPR Article About Censorship by EPO

    A testament to how terrified journalists have become when it comes to EPO coverage, to the point of deleting entire paragraphs

  26. Censorship at the EPO Escalates: Now We Have Threats to Sue Publishers

    Having already blocked Techrights, the EPO's management proceeds to further suppressions of speech, impeding its staff's access to independently-distributed information (neither ordinary staff nor management)

  27. Response to Bogus Accusations That EPO Staff Protests Are Really an Attempt to Derail UPC

    Common myths about staff protests in the European Patent Office (EPO) debunked, with some additional background and general perspective on recent events, the unitary patent (UPC) and so on

  28. New Heise Article Makes It Clear That 'Nazi'-Themed Accusations Against the Suspended Board Judge Were Insufficiently Substantiated

    The personal attacks on a judge who was illegally suspended (a so-called 'house ban') increasingly look like the management's own campaign of defamation, mostly intended to marginalise and punish a judge who spoke about serious charges against VP4 (Željko Topić)

  29. Links 24/11/2015: Asus Chromebit CS10, Second Linux 4.4 RC

    Links for the day

  30. European Central Bank Staff Committee Adds to Growing Pressure on Abusive EPO Management

    The staff representatives of the European Central Bank E-mail their colleagues -- with European Central Bank managers' approval -- regarding the European Patent Office and its attacks on staff unions


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time


Recent Posts