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Which billionaires are doing the most good?

billionaireboard.com

11–20 of 134 posts

Re: Which billionaires are doing the most good?

#13
I'm not sure how they can be considered to be doing much, or any, good, when effectively they are passively siphoning off profits and despite all the "good" they do, as a class they get rapidly richer every year. That has always been a conundrum behind Bill Gates' charity. Of course, it's not really a conundrum. The charity is just tax-advantaged PR or tax-advantaged complementary investment masquerading as goodwill.

Re: Which billionaires are doing the most good?

#14

Surprised to see jack above bill

It's monthly. I'm not sure how confident the author can be about getting accurate data that quickly, or how significant it is even if it is accurate.

A moving average of last 12 months, if you really can get monthly data, would make more sense to me.

Re: Which billionaires are doing the most good?

#15
post #7

No one should have a billion dollars

I think a better way to put it is that nobody should have a billion dollars more than another person. The wealth isn't the problem if it's distributed evenly. The problem has always been inequality. It would be a fantastic world where everyone could do anything they wanted and have as much agency over their lives as possible.

Re: Which billionaires are doing the most good?

#16

I don't like rankings like this. I'm not saying all of them, but at least a few made their money off of the backs of others, being ruthless in business, etc. How gracious of them to give money to people they hurt in the first place. I'm glad they are doing good, but let's not pretend they were completely altruistic. Also, a number of these people donated money years ago to avoid taxes, and the money was invested and…

> I'm not saying all of them, but at least a few made their money off of the backs of others, being ruthless in business

No, that's all of them. You don't become a billionaire by being nice and non-exploitative.

Re: Which billionaires are doing the most good?

#17
post #13

I'm not sure how they can be considered to be doing much, or any, good, when effectively they are passively siphoning off profits and despite all the "good" they do, as a class they get rapidly richer every year. That has always been a conundrum behind Bill Gates' charity. Of course, it's not really a conundrum. The charity is just tax-advantaged PR or tax-advantaged complementary investment masquerading as goodwill.

Also the idea that a significant amount of billionaire wealth is moved by "inspiration" rather than naked financial calculation is incredibly naive. Unless they somehow lucked into this, they are billionaires for a reason: naked financial calculation.

Re: Which billionaires are doing the most good?

#19
post #3

Are the metrics for this described somewhere? I find the top two surprising. From their numbers, Dorsey has donated $1B (26% of his current $3.8B net worth), while Gates has donated $36B (36% of his current net worth). So....Gates has donated more as a share of his net worth and SIGNIFICANTLY more in raw numbers. What justifies putting Dorsey ahead of him?

Just above the billionaire cards it says: Top Donors This Month. So Dorsey donating this month likely put him at the front.

I totally skimmed right past that and didn't read it either because there's no filter for overall or any other period. Perfect example of design flaw that a designer would argue is the user's fault cause "ITS RIGHT THERE!"

Re: Which billionaires are doing the most good?

#20
post #7

No one should have a billion dollars

This is probably true. But given that we presently live in a world where billionaires do exist I dont think it does any harm to know which ones we can feel appreciative of. At least, that's how I use a list like this.
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