Earlier quoted context omitted.
You're right, but unless a person is spending money for a social-cause that benefits us all, they absolutely do not deserve any special status, press coverage or a title such as "philanthropist." They're just spending money for themselves, and that's nothing special. Anyone can do that.
If everyone has to benefit, this seems to define philanthropy to be an impossible feat. I suspect you're thinking of some celebrities or causes you agree with and assuming their motives must be pure because they agree with your interests. This isn't saying you have some devious intent, I'm just pointing out a potential unquestioned assumption you may hold. Maybe the compromise is this: Wanting people to like you (or…
I'm not thinking of any celebrities, and it's really weird that you made that assumption.
It's simply unimpressive to me when people give away money through foundations or other organized means just cause they're rich. The bar should be much higher to earn anyone's praise. That's all I'm saying. And I don't have anything to add to what you've written.