No human needs a billion dollars. It’s an utterly obscene amount of money and just because you give away $26 billion does not mean that the remaining 10 billion is an acceptable amount to keep.
To counter your actual point, they might have picked her because there isn’t another billionaire who gave away such a big part of their wealth at once. Bill Gates could have given away more over time, i don’t know really, but her giving away so much proves even with just a few billion you can multiple your wealth in a few years. I guess that has to do with the fact any one that rich only needs like >0,01% of their wealth to fund their extremely comfortable life.
If I were a billionaire I would be careful about where to give my money. Like that would be my full-time job. You always hear about organizations that spend most of contributions on overhead and have overpaid CEOs, like Goodwill. I’d want to lay eyes on every place I gave to so I could be reassured it’s not another org that just shifts money around.
No human needs a billion dollars. It’s an utterly obscene amount of money and just because you give away $26 billion does not mean that the remaining 10 billion is an acceptable amount to keep.
I don’t disagree, but my points still stand
To counter your actual point, they might have picked her because there isn’t another billionaire who gave away such a big part of their wealth at once. Bill Gates could have given away more over time, i don’t know really, but her giving away so much proves even with just a few billion you can multiple your wealth in a few years. I guess that has to do with the fact any one that rich only needs like >0,01% of their wealth to fund their extremely comfortable life.
If I were a billionaire I would be careful about where to give my money. Like that would be my full-time job. You always hear about organizations that spend most of contributions on overhead and have overpaid CEOs, like Goodwill. I’d want to lay eyes on every place I gave to so I could be reassured it’s not another org that just shifts money around.
A million seconds is 11 days or so. A billion seconds is 31 YEARS.
just to put it in perspective of how big a billion truly is