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Originally Posted by roddy
no reason why he couldn't give 100 billion away to make some real progress. I'm sure it would feel better doing that than having 150 billion. But I guess that's why these guys have that kind of money.
wtf?
If you have a net worth of $500k, it's probably all in your house. You can't just hand away $300k lol
Similar to billionaires. They're billionaires bc they own businesses and real estate. They're not all liquid.
If I were Bezos, I'd just keep accumulating as much wealth as possible and give it to the Bill and Melinda Gates Foundation when I die, like Warren Buffett.
Giving a better pay structure to employees may be morally outstanding, but it increases labor cost for not much in return, eats profit, and could cause the stock price to tank. He'd be a fool to do it, benevolent or not.
Or he could join forces with the Bill and Melinda Gates Foundation somehow. Delivering malaria nets via drone or sth. A global health care initiative? America only?