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Donations this month is a meaningless metric. Total % of net worth would be the obvious metric, wouldn't it? Is this only US billionaires? There are 614 billi
by igravious 6y ago
Donations this month is a meaningless metric.
Total % of net worth would be the obvious metric, wouldn't it?
Is this only US billionaires? There are 614 billionaires in the US according to Forbes[0], there are only 29 listed here, ~5% of the total.
[0] https://www.forbes.com/billionaires/ https://www.forbes.com/billionaires/
- OJFord 6y agoYeah, %net worth would be more meaningful, but I still think monthly is odd. Why should it look bad if you donate nothing for 11 months and then drop a big one, because that's what you do every Christmas or something. Assuming accurate monthly data is even available, I think a 12mo moving average would make more sense. In addition to the %net worth you suggest.