May 4, 2021
When billionaires divorce, it can alter philanthropy
Ludovic Marin/AFP via Getty Images
Bill and Melinda Gates are getting divorced after 27 years of marriage. What does that mean for the next phase of their philanthropic pursuits? Plus, consumer spending and consumer saving during a time of increasing demand and supply shortages. And, the intensive human labor that goes into artificial intelligence.
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Segments From this episode
With Bill and Melinda Gates getting divorced, what will happen to their philanthropic efforts?
Marketplace’s Kristin Schwab has more.
More people are ready to spend, but strained supply chains might mean they have to sit tight and save
That’s according to Drew Matus, chief market strategist at MetLife Investment Management. “There are shortages and they seem to be spreading, and it raises the question of, you know, you might have a lot of money, but if you can’t find anything to buy, what’s it worth?” Matus said. He said that people who are saving their COVID relief payments from the federal government can maintain a sort of safety net while feeling more comfortable about spending their income.
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bad idea Ariana Grande
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
