3 ms·
I rather wonder why those philanthropists think they are the best to decide what to do with the money? If I understand it correnctly, neither Zuckerberg nor Gat
by patall 10y ago
I rather wonder why those philanthropists think they are the best to decide what to do with the money? If I understand it correnctly, neither Zuckerberg nor Gates have given up much control over their money, they just cannot use it anymore for themself.
- JBReefer 10y agoAnd who is more qualified?
- dmix 10y agoLooking at the lasting impact of Carnagie's estate or any of the other billionaires who decided to spend their later life focusing on philanthropy, rather than just throwing cash at other peoples causes, I'd say they can and do provide a real to society by continuing to control their capital. Just like the other commentors have pointed out, who is better qualified to launch and run a major project than those who already spent their lives building and scaling great businesses.