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Scrooge.
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this post was submitted on 10 Sep 2023
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Clever Comebacks
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Unless he's donating everything tomorrow, this is all bullshit.
First off he doesn't have 124 billion. He is WORTH 124 billion, the vast majority of it being the worth of his stakes in Amazon. If he sells all his stakes in it, the Amazon worth would plummet and he'd be worth a fraction of what he's worth today.
But lets say he has a 124 billion dollars. If he gives out 10 millions every day it will still take over 300 years. In that time his worth likely would.grow faster than he's spending it so in 300 years he'd still be worth more than he is today.
All this charity stuff is bullshit, TAX THE RICH. Taxes will give honest amounts of money to governments who can then use that money for universal healthcare, universal education, universal income...
I don't think your math adds up.
yeah spending 10 million a day would take 34 years to add up to 124 billion
I was a favor 10 off but that doesn't matter, the point still stands.
No single person should be ever control that much money
But while he gives away 3.65 billion a year, his remaining 120 billion appreciated to 130 billion or whatever. Then the next year he gives away 3.65 billion and his remaining 126 billion appreciated to 136 billion....
As long as he doesn't give away more than his principal gains, it's an indefinite loop.