51–60 of 341 posts
I don't know much about this guy, but I remember reading an interview with him maybe 15 years ago where he was asked if his lifestyle had changed since he came into money and if he bought a new house or anything, and his answer was basically something like: "Not really, and I've already got good water pressure where I'm at, what else do I need?" I can't help but like his attitude.
Earlier quoted context omitted.
It is both absolutely gorgeous and luxurious, yet still at less than $6 million, pretty modest for someone capable of giving away half a billion.
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You'd think that, and yet so few of them give anything significant away (unless you count political donations).
For every one Newmark or MacKenzie Scott who does give there are hundreds who only use charitable trusts as a tax haven, if at all.
So when one of them manages to avoid the extreme-wealth-to-meanness pipeline theorized by Paul Piff (et al) I'm happy to recognize the good they are doing in the world when so many of their peers are going so hard in the other direction.
Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but t…
Right now they rely on volunteers to combat that problem, in the form of legit landlords reporting the scams.
Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but t…
> In 2022, Newmark committed $50 million to the Cyber Civil Defense initiative.[39] As of April 2022, approximately $30 million of this commitment had been awarded.[40]
> In 2023, Craig Newmark Philanthropies announced it would double its donations from $50 million to $100 million for fighting cyber threats.[41]
> In 2026, Newmark founded a public service campaign, "Take9", encouraging users to pause and think before responding to a text or email to help avoid being scammed.[42][43] A video for the campaign featured Newmark teaming up with Count von Count from Sesame Street.[42][43]
Craigslist is often held up as an example of a company "doing it right", but what is never mentioned in these posts is that a large portion of their revenue comes from facilitating scams. Around 25% of rooms/apartments I contact are scams, and Craigslist has so far done nothing to prevent these. A common scam is to take pictures from a real estate site of a house that recently sold and advertise it as for rent, but t…
Craigslist doesn't even charge for rental listings, do they? I thought they only charge for help wanted ads.
We are almost two decades into the age of billionaire philanthropy and what’s results has it produced? Can you point to any area where it’s really changed the world? I think a fundamental problem is that the non-profit/NGO sector doesn’t have the same caliber of people as the private sector. There’s no Jeff Bezos equivalent working on inner city education. Bill Gates is really the only one who has tackled this, by in…
I don't know whether John Arnold is spread too thin or not, but he's certainly top caliber and does a lot to measure progress before/during investment in various causes (including education). He also seems to be more agnostic on what the most appropriate solution may be at the beginning of the process.
Earlier quoted context omitted.
The top 1% of America pays 40% of the federal income taxes. Getting rid of the rich is probably a pretty bad idea for the rest of us.
This is a byproduct of wild wealth disparity, not because the rich are so generous with paying the government.