MacKenzie Scott has donated $60 million to the Center for Disaster Philanthropy. The nonprofit announced the gift on Tuesday, calling it a transformative investment.
If she gives it all away, she won’t keep making interest to continue giving it away.
There’s an Indian story about a rich man who feels bad for beggars so he gives each one he sees a coin. After traveling the country giving away coins he becomes a poor beggar himself. So in the end he didn’t substantially help anyone and now he no longer has the option to help.
If she gives it all away, she won’t keep making interest to continue giving it away.
There’s an Indian story about a rich man who feels bad for beggars so he gives each one he sees a coin. After traveling the country giving away coins he becomes a poor beggar himself. So in the end he didn’t substantially help anyone and now he no longer has the option to help.
He should have picked himself back up by his bootstraps, since he became rich by being special. (A brahmin maybe).
There’s plenty of rich people who could give away money continuously for the rest of their lives and never run out. Bezo’s ex-wife is among them.
That is exactly the fucking point. The person I’m replying too wants her to splat it all out at once.