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Without scale, reporting on donations like this is nothing but PR for the ultra rich. Bezos donated $200M, his net worth: $211 billion Scale that to a normal
by kennywinker 5y ago
Without scale, reporting on donations like this is nothing but PR for the ultra rich.
Bezos donated $200M, his net worth: $211 billion
Scale that to a normal human’s net worth - let’s take the national average: $121,411
And you see that he just gave away the equivalent of $120 dollars. Barely pocket change.
- samsin 5y agoI see your point, but I don't agree that it's "barely pocket change". If the average person donated $120 to a cause they believe in (which doesn't necessarily benefit themselves) then that's commendable.
- Lionga 5y agoIf every US person would donate this "pocket change" it would around 50 Billion in donations
- kennywinker 5y agoA quick google shows that actually individuals give something more like $450 billion per year. Some of that is going to be the jeffs and marks, but i think gp is underestimating how much average people give to charity. But more importantly, if we made the jeffs of the world pay their employees and their taxes we’d have a lot less need for charity