Are you sure he really donated it? Did it not go to one of the foundations he and Gates control to push their agendas like school privatization via “charter schools”?
He can only make billions in profits when he has billions to invest. If he kept giving everything away it would take him much longer to make the same amount of money.
I’m sorry what? He hasn’t made anything. The value created by the companies he owns is generated by the workers. He simply takes all that value that they’ve generated, and gives a poultry amount of it towards charities and NGOs to whitewash his reputation.
You don’t understand that he and his ilk perpetuate the systems that result in healthcare and education being out of reach for so many people. All billionaires do a bit of philanthropy because look at how easy it is to fool people into thinking they deserve their obscene wealth.
You’re making a lot of wild accusations about a financial investor who doesn’t even regularly attend shareholder meetings. As someone who has gone to business school and worked in corporate, I can tell you that you’re subscribing way too hard to the hollywood painting of investors. It’s fine if you disagree but you are just making assumptions at the end of the day and I’m providing documented metrics.
The $55 billion + is a waste product produced by his lifelong love of mathematics. Seriously. Even Buffett would probably agree that there’s a societal problem where a single human can amass that amount of (unnecessary) wealth. Probably explains why he gives it away. For him the satisfaction is seeing his system win - not necessarily the dividends it collects.
Well to be frank, if he were born nowadays he would likely be seen as autistic because of his love for mathematics. He developed an early interest in the workings of stocks as a kid as his father owned a stock brockerage.
He always dabbled in small business ventures as a kid including buying a farm off his dad that ended up making him a small fortune as a 20 year old. He worked his way up in his dads firm as an investment salesman until he amassed enough to start his own firm. The funny thing is, he doesn’t spend much of his money because it’s mostly not liquid. He has a high net worth because he owns shares that he doesn’t access, and when he does, it’s usually for charity. He pledged to donate 99% of his wealth a long long time ago.
He’s donated over 55 billion dollars
Are you sure he really donated it? Did it not go to one of the foundations he and Gates control to push their agendas like school privatization via “charter schools”?
He’s given back a small amount of what he’s hoarded over his vampiric existence.
He can only make billions in profits when he has billions to invest. If he kept giving everything away it would take him much longer to make the same amount of money.
I’m sorry what? He hasn’t made anything. The value created by the companies he owns is generated by the workers. He simply takes all that value that they’ve generated, and gives a poultry amount of it towards charities and NGOs to whitewash his reputation.
He’s not a nice guy, he’s a greedy ghoul.
You still don’t seem to understand he’s using his talent to help the less fortunate
https://www.forbes.com/sites/chasewithorn/2024/06/28/warren-buffett-just-gave-another-53-billion-to-charity/
Here’s an article about how he recently donated 5.3 billion in June to efforts towards healthcare, education, and grants
Do you think you would be capable of that kind of philanthropy in your lifetime?
You don’t understand that he and his ilk perpetuate the systems that result in healthcare and education being out of reach for so many people. All billionaires do a bit of philanthropy because look at how easy it is to fool people into thinking they deserve their obscene wealth.
And what have you done to help the cause?
“The cause” 😂 This is the most unserious response I can imagine. I’m going to remember this one; it’s really impressive.
I don’t steal tens of thousands of other people’s labour value, so I’m already orders of magnitude better for people than Warren Buffet.
You’re making a lot of wild accusations about a financial investor who doesn’t even regularly attend shareholder meetings. As someone who has gone to business school and worked in corporate, I can tell you that you’re subscribing way too hard to the hollywood painting of investors. It’s fine if you disagree but you are just making assumptions at the end of the day and I’m providing documented metrics.
He “donated” over 55 billion dollars to what/whom, and to what ends? I don’t think you understand how modern-day robber-baron largess works.
The problem is how he got that $55 billion to donate.
The $55 billion + is a waste product produced by his lifelong love of mathematics. Seriously. Even Buffett would probably agree that there’s a societal problem where a single human can amass that amount of (unnecessary) wealth. Probably explains why he gives it away. For him the satisfaction is seeing his system win - not necessarily the dividends it collects.
Well to be frank, if he were born nowadays he would likely be seen as autistic because of his love for mathematics. He developed an early interest in the workings of stocks as a kid as his father owned a stock brockerage.
He always dabbled in small business ventures as a kid including buying a farm off his dad that ended up making him a small fortune as a 20 year old. He worked his way up in his dads firm as an investment salesman until he amassed enough to start his own firm. The funny thing is, he doesn’t spend much of his money because it’s mostly not liquid. He has a high net worth because he owns shares that he doesn’t access, and when he does, it’s usually for charity. He pledged to donate 99% of his wealth a long long time ago.
Do you work for Warren Buffet’s PR team or do you do this work for free 😂
Honestly isn’t that how most billionaires seek to portray themselves?
This person has fully lapped up the Warren buffet PR.