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by KarlKemp
2258 days ago
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He’s given $38 billion to his foundation so far, on track to eventually give close to $100 billion. What, exactly, is he getting in PR that’s possibly worth $38+ billion? He’s not even selling anything! And his foundation’s charter even specifies that the money needs to be spent within 30 or so years of his death, meaning he doesn’t get the sort of immortality Carnegie/Rockefeller/Ford/Lilly did. |
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In other words, he gave himself the money via a tax protected vehicle? How noble.
> What, exactly, is he getting in PR that’s possibly worth $38+ billion?
He's not paying $38 billion. He still has it. That's the point. He's paying nothing for good press. Getting people to defend him for moving his money from one place to a tax protected sheltered and being praised for it. Kinda like how you are doing it.
> And his foundation’s charter even specifies that the money needs to be spent within 30 or so years of his death, meaning he doesn’t get the sort of immortality Carnegie/Rockefeller/Ford/Lilly did.
"Spent". You mean setting up other charities, scholarships, etc are set up.