Bill Gates is an interesting example because he does donate TONS of money to different causes, but he's also personally involved in a large number of them... Probably for the very reason djpatties said - you can't just assume your money is going to a good cause. I think that's a very noble thing to do as a rich person - not only donate your money, but use your superior education/resources/business sense to try and make the world better.
Bill Gates does donate TONS of money as you say, BUT he also has a house that is probably if not the most expensive house in the world, it is one of the top 5. The property taxes alone on the property are over $1 million a year.
I would find it easier to believe in the rich and their philanthropy when they dont live in huge mansions while donating money to causes that equate down to me (making $65K a yr) giving $50 a week. Yet credit is given to gifts of $50 million or more. For someone worth $30 Billion, $50 million is nothing, literally.
Do you constantly fantasize about being rich?
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Bill Gates is an interesting example because he does donate TONS of money to different causes, but he's also personally involved in a large number of them... Probably for the very reason djpatties said - you can't just assume your money is going to a good cause. I think that's a very noble thing to do as a rich person - not only donate your money, but use your superior education/resources/business sense to try and make the world better.
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Bill Gates does donate TONS of money as you say, BUT he also has a house that is probably if not the most expensive house in the world, it is one of the top 5. The property taxes alone on the property are over $1 million a year.
I would find it easier to believe in the rich and their philanthropy when they dont live in huge mansions while donating money to causes that equate down to me (making $65K a yr) giving $50 a week. Yet credit is given to gifts of $50 million or more. For someone worth $30 Billion, $50 million is nothing, literally.