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Isn't it better that Bill Gates instead pumped huge amounts of money into philanthropy? Meanwhile SF has the UCSF Benioff Children's Hospital and Zuckerberg San
by ajmurmann 2mo ago
Isn't it better that Bill Gates instead pumped huge amounts of money into philanthropy? Meanwhile SF has the UCSF Benioff Children's Hospital and Zuckerberg San Francisco General Hospital. A cathedral would be nice to look at but preventing malaria or helping sick kids seems preferable. In the past money couldn't have easily be deployed for good like this and helping fund cathedrals was likely done to increase the donors likelihood of getting into heaven.
But I guess George Lucas is a billionaire who has you covered: https://en.wikipedia.org/wiki/Lucas_Museum_of_Narrative_Art https://en.wikipedia.org/wiki/Lucas_Museum_of_Narrative_Art
- harimau777 2mo agoMy understanding is that represents only a tiny fraction of their wealth. As I understand it, the idea is that it would be better if the billionaire's other frivolous spending was on something that would endure for future generations. (Setting aside the religious question of weather cathedrals are frivolous.)
- ajmurmann 2mo agoDid prior generations of billionaires spend a higher percentage of their wealth on charity? I also genuinely wonder how the ratio of "paper wealth" has changed. How much money would Elon or Jeff have of they actually sold their shares in their companies? How does that compare to John D Rockefeller or the Getties? I also wonder when those created their charities.
- dgellow 2mo agoWho cares about the past. They should be building public infrastructure and do some things the rest of society enjoys instead of buying castles and islands surrounded by fences they visit once every 2 years