Hacker News new | ask | show | jobs
by pritovido 2149 days ago
He gave those $22 million away. That is the point.
2 comments

He didn't, he siphoned them in a "charity/fund" for tax purposes. That's a rich man's move 101. It only becomes an actual charity if he (knock on wood) dies young from my understanding...
He didn't give it away, he put it in a foundation that pays him 5% per year and probably avoided paying taxes on it as a result.