Billionaires are giving away most of their wealth.
All my life I have been hearing that Billionaires are greedy, that all they care about is their money, at the exclusion of everything else, but that’s not true, billionaires are extremely generous, with many of them giving all their wealth away to many charitable organizations.
Last week, it was announced that Warren Buffet is donating another $5.3 billion dollar to a charity organization. He’s 93 years old, he probably knows that the end is near and he’s ramping up his donation endeavors.
So far, Warren Buffet has donated $57 billon and he’s planning to donate 99% of his wealth to different charities. Right now he’s worth $128 billion, so he’s giving away $127 billion. ( Hey Warren Buffett, I would not mind receiving a $1 million to continue working on this blog).
But Warren Buffet is not the only billionaire giving his money away. Other successful billionaires are giving billions most of their money to different charity organizations. Elon Musk
- Bill Gates: Co-founder of Microsoft has donated billions towards global health, education, and poverty alleviation.
- Mark Zuckerberg: The founder and CEO of Facebook, committed to giving away 99% of their Facebook shares over their lifetimes for causes such as health, education, and community-building.
- Elon Musk: CEO of Tesla and SpaceX, he has donated significant amounts to science, engineering education, and renewable energy research.
- George Soros: has given away billions to promote democracy, human rights, and social justice around the world.
- Michael Bloomberg: Former Mayor of New York City and founder of Bloomberg LP, he has donated billions towards public health, climate change, and other civic initiatives.
And most rich people who don’t have the stature of billionaires, are also giving away most of their wealth. Through their charitable endeavors, these individuals inspire us all to think beyond ourselves and contribute to the greater good.
Previous opinion posts