I mean... The two are not necessarily mutually exclusive. If Bill Gates gives away 49% of the money his investments make a year (hypothetically), he makes money

I mean... The two are not necessarily mutually exclusive. If Bill Gates gives away 49% of the money his investments make a year (hypothetically), he makes money, and he gives money away. If he funds the Series A of a biotech company to help it continue its research and the company then gains value, it's not just investing, it's also philanthropy.