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by jltsiren
172 days ago
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There are large numbers, and then there are even larger numbers. Academic research is roughly $100 billion a year in the US. A foundation with $2 trillion could support that indefinitely with the required 5% minimum distributions. By today's numbers, the seven richest Americans could fund that. I don't know worldwide numbers, but 4x the US is usually a good rule of thumb. You would probably need the 100–150 richest people to support all academic research worldwide. |
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Yes, they could, by paying their taxes.
But we’ve all seen that they really don’t want to share any of their wealth for any purpose, other than propping up a geriatric orange clown that campaigned on lowering their taxes.
PS: I said their taxes, not yours. Yours are going up, they’re just called tariffs, but that’s a tax: tariffs are your money getting collected by the government.