Earlier quoted context omitted.
It took me a while to understand this thinking but deep down I end up agreeing -- this "billionaire with a heart of gold" is far too familiar to the old thought of "I hope the king is just." We far too often end up with billionaires using their money to fund an art museum or ballet for rich people in the name of charity ( http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_... ). Living in Seattle, I have sev…
We far too often end up with billionaires using their money to fund an art museum or ballet for billionaires in the name of charity You seem to imply that there's something wrong with funding art museums or ballet... The world needs beauty in it, and if people choose to support the arts in a way from which we all benefit, that's great.
Try to explain why the world needs beauty to the folks of the slums of Mumbai and how this beauty will benefit them. I would imagine that the only beauty that they could find is a hope that their children will get out of the slums and live a more fortunate life than there are now.
I always find it strange that to raise money for charity, sometimes an event (ball, art auction, concert etc) is needed to generate the donations. Why not just short cut the event and just collect the donations?