In general yes and no, in this case no. I think he sees it as a personal moral obligation by how he was raised. In general, there are some extreme examples: -

In general yes and no, in this case no. I think he sees it as a personal moral obligation by how he was raised. In general, there are some extreme examples: - The Silicon Valley Community Foundation (SVCF) is a non-profit with a multibillion endowment. It's how many American billionaires get tax benefits immediately while transferring assets later. And, the SVCF doesn't do very much community work except for donors' pet projects that may or may not be for the public good. The previous maybe some ostensible philanthropy, but that's not how every very rich person operates: Patriotic Millionaires (calling for more taxes) and The Good Club (Bill Gates, Oprah, Warren Buffett, Ted Turner and more) are definitely counterexamples to the stereotype.