4 ms·
What he did was great. But for Forbes to say a man with 2% of 8 billion dollars is broke is a stretch.
by kaiken1987 6y ago
What he did was great. But for Forbes to say a man with 2% of 8 billion dollars is broke is a stretch.
- briandear 6y agoRelatively speaking.
- rabidrat 6y agoThe article says he put away $2m for his and his wife's retirement. While I agree it's not quite 'broke' in the classic American sense, it is .025% of his former net worth of $8b.
- r00fus 6y agoYeah, the word "broke" is clickbait. $2m for retirement is more than most. It's simply "not extravagant" which I guess from the eyes of the wealthy class may as well be "broke".
- caturopath 6y agoCertainly not broke, but it seems difficult to find a way without hyperbole to indicate that he's given away billions and now is no longer in the top 10% of people in his age bracket in the US.
- bluedevil2k 6y ago1) It doesn't say how old his wife is, who knows how long her retirement will be. She looks 65+ in the picture, but who knows. 2) A man feels a certain responsibility to take care of his wife even when he's gone. 3) $2M only spins off $80k in income, hardly a rich lifestyle and far less than most Americans on this site could live with. * And check your math, 2% of 8B is $160M not the $2M stated in the article.
- mrastro 6y ago2 million is only 0.025% of 8 billion. It's a bit of editorializing to call it "broke" but donating such a huge percentage of his net worth is commendable and he will be living a relatively much more modest lifestyle.
- pwinnski 6y agoAny person worth $8B who later found themself with $2mm would consider themself "broke." Plus, your math is way off. 0.025%.
- jeffbee 6y agoThere's probably lots of people reading this comment who are worth two million dollars, but I bet there are none who are worth eight billion dollars. Knocking yourself down from the 99.9999th percentile to the 90th is a real change.