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by sdk16420 518 days ago
Consider this too next time you read about a billionaire supporting charity (besides their motives likely being tax breaks). For example Zuckerberg donated $75 million to a San Francisco hospital, which was plastered all over the news. Proportionally it's less than what the average person spends on charity a year.

Even Bill Gates who donated tens of billions still sits on an unimaginable amount of money. And unlike your grandpa leaving $10k to charity and getting a honorable mention plaque, Gates's donation buys him and his heirs significant influence over entire nations.

https://www.thenation.com/article/society/bill-gates-philant...