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Relevant bit from Playboy's interview with Steve Jobs: > Playboy: What does the money actually mean to you? > Jobs: I still don’t understand it. It’s a large
by visakanv 11y ago
Relevant bit from Playboy's interview with Steve Jobs:
> Playboy: What does the money actually mean to you?
> Jobs: I still don’t understand it. It’s a large responsibility to have more than you can spend in your lifetime—and I feel I have to spend it. If you die, you certainly don’t want to leave a large amount to your children. It will just ruin their lives. And if you die without kids, it will all go to the Government. Almost everyone would think that he could invest the money back into humanity in a much more astute way than the Government could. The challenges are to figure out how to live with it and to reinvest it back into the world, which means either giving it away or using it to express your concerns or values.
> Playboy: So what do you do?
> Jobs: That’s a part of my life that I like to keep private. When I have some time, I’m going to start a public foundation. I do some things privately now.
> Playboy: You could spend all of your time disbursing your money.
> Jobs: Oh, you have to. I’m convinced that to give away a dollar effectively is harder than to make a dollar.
- saiya-jin 11y agohonest question - how did that went? I mean donation & public foundation part
- austenallred 11y agoHe died before it happened.
- MagnumOpus 11y agoIn typical Jobsian fashion. He talked a good game, but decided to do the opposite. Put his wealth into a living trust to shield it from taxes and publicity and left it to benefit his wife and children.