3 ms·

What the hell was that whole character assassination over Bhargava's "lack" of philanthropy? From his Wikipedia: Bhargava is a member of the Giving Pledge

What the hell was that whole character assassination over Bhargava's "lack" of philanthropy? From his Wikipedia: Bhargava is a member of the Giving Pledge campaign.[22] In 2015, he pledged to give 99% of his wealth to philanthropic causes.[20] His foundations include the Hans Foundation[1][23] and Rural India Supporting Trust.[24] In 2016, Bhargava told National Geographic that he planned to distribute 10,000 of his stationary, power-generating bikes to rural homes and villages in India.[14] Also from Wikipedia: In 2013, Forbes reported Bhargava's net worth to be $1.5 billion, but he was dropped from its list of billionaires in 2014.[8] Forbes really hates Bhargava, for no apparent reason.

ddeck 3y ago
>Forbes really hates Bhargava, for no apparent reason. It's not Forbes, it's just a random contributor writing clickbaity articles for the $. Forbes is trash and is closer to Medium in the way it is structured than to a typical news media site. It's generally just random contributors. You can see from the URL (forbes.com/sites/[contributer-name]). There are thousands of contributors with various incentives. Forbes’ staff of journalists could produce great work, sure. But there were only so many of them, and they cost a lot of money. Why not open the doors to Forbes.com to a swarm of outside “contributors” — barely vetted, unedited, expected to produce at quantity, and only occasionally paid? (Some contributors received a monthly flat fee — a few hundred bucks — if they wrote a minimum number of pieces per month, with money above that possible for exceeding traffic targets. Others received nothing but the glory.) As of 2019, almost 3,000 people were “contributors” — or as they told people at parties, “I’m a columnist for Forbes.” https://www.niemanlab.org/2022/02/an-incomplete-history-of-forbes-com-as-a-platform-for-scams-grift-and-bad-journalism/ https://www.niemanlab.org/2022/02/an-incomplete-history-of-f...
killingtime74 3y ago
Article written in 2012. Those happened after?
jcparkyn 3y ago
Is there any evidence of him actually following up on any of those pledges? The example from the article about his "billion dollar" donation (of which only $4MM seemed to have actually been spent) makes me skeptical. Edit: It appears the Hans Foundation is doing some things, at least if their annual report [1] is to be believed. Looking at the graphs at the end, their total budget was somewhere around $45MM USD for FY2022-2023 (but there are two graphs which seem to have different numbers, among other problems). [1] https://thehansfoundation.org/wp-content/uploads/2023/12/THF-Annual-Report-22-23-Digital.pdf https://thehansfoundation.org/wp-content/uploads/2023/12/THF...

ddeck 3y ago

>Forbes really hates Bhargava, for no apparent reason. It's not Forbes, it's just a random contributor writing clickbaity articles for the $. Forbes is trash and is closer to Medium in the way it is structured than to a typical news media site. It's generally just random contributors. You can see from the URL (forbes.com/sites/[contributer-name]). There are thousands of contributors with various incentives. Forbes’ staff of journalists could produce great work, sure. But there were only so many of them, and they cost a lot of money. Why not open the doors to Forbes.com to a swarm of outside “contributors” — barely vetted, unedited, expected to produce at quantity, and only occasionally paid? (Some contributors received a monthly flat fee — a few hundred bucks — if they wrote a minimum number of pieces per month, with money above that possible for exceeding traffic targets. Others received nothing but the glory.) As of 2019, almost 3,000 people were “contributors” — or as they told people at parties, “I’m a columnist for Forbes.” https://www.niemanlab.org/2022/02/an-incomplete-history-of-forbes-com-as-a-platform-for-scams-grift-and-bad-journalism/ https://www.niemanlab.org/2022/02/an-incomplete-history-of-f...

killingtime74 3y ago

Article written in 2012. Those happened after?

jcparkyn 3y ago

Is there any evidence of him actually following up on any of those pledges? The example from the article about his "billion dollar" donation (of which only $4MM seemed to have actually been spent) makes me skeptical. Edit: It appears the Hans Foundation is doing some things, at least if their annual report [1] is to be believed. Looking at the graphs at the end, their total budget was somewhere around $45MM USD for FY2022-2023 (but there are two graphs which seem to have different numbers, among other problems). [1] https://thehansfoundation.org/wp-content/uploads/2023/12/THF-Annual-Report-22-23-Digital.pdf https://thehansfoundation.org/wp-content/uploads/2023/12/THF...