2 ms·
> Like a lot of Family-owned European companies (Ikea comes to mind as well), it's a thinly veiled employment opportunity for the heirs that does very little ac
by chaostheory 5y ago
> Like a lot of Family-owned European companies (Ikea comes to mind as well), it's a thinly veiled employment opportunity for the heirs that does very little actual charity. The family is heavily involved in board selection, & it's really just an elaborate tax scheme.
I wonder if the Bill & Melinda Gates Foundation has the same criticisms?
- Quarrel 5y agoNo, because they're explicitly giving away all their funds, not passing it on to the next generation, nor leaving it in a permanent trust.