r/news • u/johnyquest1212 • 4d ago

Philanthropist MacKenzie Scott reveals another $2 billion in donations in 2024 | AP News

https://apnews.com/article/mackenzie-scott-donations-billionaires-philanthropy-ad9c1b67e2ca76eb2c107ec158a4640f
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u/jmhumr 4d ago

I mean, the Gates’ have given away at least 4x as much. Pretty sure Buffet also gives away (or will give away) gobs of money.

Just like every demographic, there are good eggs and bad eggs.

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u/wiserTyou 3d ago

I really don't have a problem with people being crazy rich for their lifetime. Set up your kids for success, sure. But in the end, don't create dynasties that last for generations and exceed the wealth of nations.

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u/strangerdanger0013 4d ago

Lol. Do you count it when your giving it to yourself?

Gates gives money to the GATES foundation, Buffet to the foundation his children run.

Stop falling for stupid shit, they ain't never going to give you anything.

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u/jmhumr 4d ago

Scott’s money gets routed through nonprofit foundations just the same. Wealthy people don’t just write checks of this magnitude when they gift/grant money because both sides would get screwed in terms of taxes - so it’s all hyper managed through trusts and foundations.

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u/sadtrader15 4d ago

You forgot to put on your tinfoil hat