He earns it quicker than he can spend or give it away
Lol, he could give it all away in a matter of minutes, if he wanted to.
I don’t doubt he still gets enough active income to keep him living more comfortably than 95% of society, and if he really really must, he could keep a few mil in the bank to keep living comfortably on the interest until he dies, so the lazy fucker still won’t ever have to -shock horror- work for a living!
But there is absolutely nothing stopping him giving a significant chunk of his money away other than his own personal greed.
The idea that these people have “too much money to give away” is the most ridiculous take on why they don’t I’ve ever heard…
Melinda convinced Bill to start the BMGF foundation about 23 years ago. They put up what I think was half of their net worth, or $30,000,000,000 (30 billion dollars). Buffet promised to match every yearly expenditure, so roughly another $30 billion. They intend to spend it all down by the time the last trustees dies (probably Melinda). That is like the Rockefeller foundation (still around because compound interest) spent all of the money on charity before he died.
Lol, see my reply bellow, and well done on contributing to the billionaires’ PR. 👏
They’re still multi-hundred billionaires, and you’re still closer to being homeless then you are to being a millionaire, but at least you got to enjoy the taste of boot for a minute.
What a take. I would hardly describe that persons comment as bootlicking. Like sure they absolutely should not be able to amass such a fortune and think they can play Odin my redistribution in a way they see fit, but come on. Perhaps you could go ‘bellow’ your nonsense elsewhere.
Lol, he could give it all away in a matter of minutes, if he wanted to.
I don’t doubt he still gets enough active income to keep him living more comfortably than 95% of society, and if he really really must, he could keep a few mil in the bank to keep living comfortably on the interest until he dies, so the lazy fucker still won’t ever have to -shock horror- work for a living!
But there is absolutely nothing stopping him giving a significant chunk of his money away other than his own personal greed.
The idea that these people have “too much money to give away” is the most ridiculous take on why they don’t I’ve ever heard…
Melinda convinced Bill to start the BMGF foundation about 23 years ago. They put up what I think was half of their net worth, or $30,000,000,000 (30 billion dollars). Buffet promised to match every yearly expenditure, so roughly another $30 billion. They intend to spend it all down by the time the last trustees dies (probably Melinda). That is like the Rockefeller foundation (still around because compound interest) spent all of the money on charity before he died.
I like that you added all the zeroes so people can get an idea of how insane it is.
Lol, see my reply bellow, and well done on contributing to the billionaires’ PR. 👏
They’re still multi-hundred billionaires, and you’re still closer to being homeless then you are to being a millionaire, but at least you got to enjoy the taste of boot for a minute.
What a take. I would hardly describe that persons comment as bootlicking. Like sure they absolutely should not be able to amass such a fortune and think they can play Odin my redistribution in a way they see fit, but come on. Perhaps you could go ‘bellow’ your nonsense elsewhere.