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00:00I define success differently now than five or 10 years ago . Success these days is still performance. I'm still obsessed with that . But it's it's also extending the benefits to the other parts of the world. Why though don't you talk more or haven't you talked more about your philanthropy . I guess you and I try and keep it quiet at work were we're not that there's anything wrong with us but we're not the type to attend functions and parties and galas. We like to work underneath so to speak. If only because if only to be honest . Because we like to be in bed at 7 o'clock at night watching Jeopardy as opposed to having some cocktails with people that we don't know. So with it's quiet because we're quiet people I'm going to ask you it sounds like a crass question so forgive me . But how much money have you given away. Well I think to this point probably six to seven hundred million. Really. Yes and I think the Gross family foundation of which our kids are apart three kids. Jeff Jelinek You know that that's the second largest philanthropic organization in Orange County. Goodness me. And do you share the same goal that some other people share or have which is you know by the time it's all said and done with I will have given it all away . You know certainly in terms of the foundation I mentioned the foundations of Family Foundation and so I have three kids that are between 26 and 42 years old. And so they'll continue the effort. But yeah we'll give everything that we have other Home Away to either philanthropic causes that I've talked about or to the foundation that ultimately will amount to billions of dollars. Yes yes. Which is staggering even to me really. You know it's really hard to sink in in terms of how much it is and what effect it could have. There's a program that I'm looking into now long as you called Give Directly in which you can contribute to individuals in Uganda via cell phone and most mobile money. Most Africans have cell phones which is hard to believe but mobile money. And so I think if you can do that and contribute 25 or 50 bucks to someone in Uganda that of course you haven't met a boy. I mean that's almost as good as outperforming the market from my standpoint .

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Bill Gross To Donate Remaining Fortune (Video)