Open sourcing it would likely screw his co-founders, employees with stock options, etc. compared to the size of this deal.
Tbh, I'd be happier if he donated 10% of his earnings from this sale to Open Source projects and feeding people. Rather than, y'know, having gone the route you suggested. He also seems like the kind of guy that would.
Sales will, at some point, start dying. He has, as far as I can tell, relinquished control of the source in a manner that will forbid him from open sourcing the game at that point.
You think it's reasonable that he should continue at the helm of Mojang and retain control of Minecraft IP until what exactly? 10 years pass and the brand (which Minecraft has become) finally fades in popularity?
So he can release it as open source, to make good on what? Some "About" page he wrote fucking 4 years ago when Minecraft was nothing but a PC indie sleeper hit?
Right. He never thought he was going to make the current juggernaut. He thought it was going to be yet another moderately popular project with a limited duration and impact.
Why would open sourcing it screw his co-founders? You can open source the code, interact with the community and improve Minecraft, while still selling the game. You don't have to open source the artwork and assets.
Piracy is not an argument in this, because pirating Minecraft for single player has always been and will always be piss easy, and multiplayer will still be impossible.