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Why would you do that to your own kin?
by jtode 3y ago
Why would you do that to your own kin?
- Spivak 3y agoBecause there is no inherent goodness in working for others and fuck you money is by far the easiest way to secure your childrens' ability to live the lives they want. If you don't want your billions of dollars I'll happily take them of your hands.
- heavenlyblue 3y ago> your childrens' ability to live the lives they want. How do they know what they want?
- screamingninja 3y agoBy not making decisions for them but instead just aspiring to provide them with better opportunities.
- heavenlyblue 3y agoI don't understand how having little money implies making decisions for your children
- mandeepj 3y ago> How do they know what they want? There's a LCD across humans, the bare minimum - a place to live, food, and clothes.
- heavenlyblue 3y agoThen you don't need billions in order to provide for that.
- Fire-Dragon-DoL 3y agoCondos in big cities are usually around 1M though
- adoxyz 3y agolol is this a real comment? I'd rather give them the option if possible.
- heavenlyblue 3y agoWould you prefer to give them the option of having access to boats of money or would you prefer to spend more time with them? What if you can only choose one option? It's easy to answer a question when there's no exclusive options. By the way, when you have an option of cashing out at 700million (and killing your business) OR continuing to build a business that genuinely provides something good for the society (albeit maybe not as profitably), do think first what kind of lesson you are giving your kids when you make that choice. You may provide them with the money but not much meaning to spend that money in a good way.
- adoxyz 3y agoWe don't live in a binary world where it's one or the other. But having more money, makes it much easier to get back your time and spend that invaluable and unreplenishable resource however you want.
- r00fus 3y agoIt's interesting to think there is one valid answer here. Your answer is societally accepted as "correct", however I think the "I got enough to make ends meet (and then some) & my kids will have to also figure it out (maybe with a safety net from me if needed)" is also a consistent and valid reply.
- rybosworld 3y agoThere's this really insidious meme that it's important for children to completely find their own way in life. I could best summarize it as: Children that receive more from their parents are some flavor of "less good" humans. I don't know where/when it started. It seems like one of those ideas that mostly the bottom 99% of the income spectrum hold onto.
- miles 3y ago> There's this really insidious meme that it's important for children to completely find their own way in life. ... I don't know where/when it started. It seems like one of those ideas that mostly the bottom 99% of the income spectrum hold onto. Why the super-rich aren’t leaving much of their fortunes to their kids https://www.washingtonpost.com/lifestyle/style/why-the-very-rich-arent-giving-much-of-their-fortunes-to-their-kids/2014/08/10/4a9551b4-1ccc-11e4-82f9-2cd6fa8da5c4_story.html https://www.washingtonpost.com/lifestyle/style/why-the-very-... 8 billionaires whose kids won’t inherit their fortunes, from Facebook’s Mark Zuckerberg and Netflix co-founder Reed Hastings, to late Apple CEO Steve Jobs’ wife, Laurene Powell Jobs https://www.scmp.com/magazines/style/celebrity/article/3148570/8-billionaires-whose-kids-wont-inherit-their-fortunes https://www.scmp.com/magazines/style/celebrity/article/31485...
- rybosworld 3y agoI agree that it's interesting that a handful of ultra rich are bucking the trend and not passing all their wealth to their children. But this is only interesting because it's so rare. It's also not very accurate. Gates has stated publicly he plans to leave each child $10 million. Buffet has stated publicly that his kids will only get $2 billion each. Articles like the ones you've posted are just fuel for a false narrative.
- aksss 3y agoYeah, Gates is leaving couch money to his kids, but realistically those kids are set for life unless they have catastrophic lifestyle failure. For all intents and purposes, his kids are and will remain extraordinarily wealthy.