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Maybe he was fed up and wanted a real exit. There are other stories of people giving away huge fortunes prehumously because they might think the money is bette
by Phenomenit 7y ago
Maybe he was fed up and wanted a real exit.
There are other stories of people giving away huge fortunes prehumously because they might think the money is better used elsewhere.
- dmix 7y agoMoney isn't a finite resource that "goes elsewhere" if you don't generate it through business activity. This is probably one of the biggest popular misconceptions of how business works, that there is only a limited amount of value to go around, instead of it just being a near unlimited balloon that can expand or contract.
- Phenomenit 7y agoI'm well aware that money moves all the time but giving it away removes the burden of making "good" and rational decision, especially if you have a lot of it. Or Maybe you don't like hanging out with rich people, when you're very rich you can't hang out with poor people. You can but you have to probably lie about your wealth.