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by dntbnmpls
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. 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. |
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